President Trump Scraps Latest North Korea Sanctions
President Donald Trump ordered the Treasury Department to withdraw its latest sanctions aimed at North Korea on Friday, rescinding a directive administration officials made the day before. . .
In a move Politico called a “remarkable reversal,” the president tweeted, “It was announced today by the U.S. Treasury that additional large scale Sanctions would be added to those already existing Sanctions on North Korea. I have today ordered the withdrawal of those additional Sanctions!”
It was announced today by the U.S. Treasury that additional large scale Sanctions would be added to those already existing Sanctions on North Korea. I have today ordered the withdrawal of those additional Sanctions!
— Donald J. Trump (@realDonaldTrump) March 22, 2019
The Washington Post noted that no new sanctions were announced by the Treasury on Friday, but the department’s Office of Foreign Assets Control did clamp down on two Chinese shipping firms Thursday for allegedly trying to skirt North Korean sanctions. . .
Treasury designates two shipping companies for attempted evasion of North Korea sanctions https://t.co/Y0W8al1dgb
— Treasury Department (@USTreasury) March 21, 2019
The Trump administration has been in ongoing talks with North Korea in an attempt to convince the country to denuclearize, but the most recent summit between the president and Kim was cut short over a disagreement on terms. Last week, Kim threatened to withdraw from discussions with the U.S. altogether, and resume missile testing. (Read more from “President Trump Scraps Latest North Korea Sanctions” HERE)
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