NORTH KOREA/TRADE DEALS/TREASURY/TRUMP EXEC ORDERS: ” ‘Imposing Additional Sanctions with Respect to North Korea’
The order imposes wide-ranging sanctions that penalize North Korea and anyone doing business with the country.
It seeks to cut off sources of revenue to North Korea and punish anyone trading in goods, services, or technology with the country, including by barring ships or planes that enter North Korea from the United States for 180 days. The order allows the Secretary of the Treasury to sanction any foreign financial institution that conducts business with North Korea or North Korean individuals involved in illicit trade.
The order came shortly after North Korean conducted two intercontinental ballistic missile launches and an underground nuclear test. In a speech to the UN General Assembly three days before the signing of the Order, Trump told foreign leaders, ‘No one has shown more contempt for other nations and for the well being of their own people than the depraved regime in North Korea.’ “
-Avalon Zoppo, Amanda Proenca Santos, and Jackson Hudgins, “Here’s the Full List of Donald Trump’s Executive Orders,” NBC News, Oct 17, 2017 11:58am