US President Donald Trump has signed an executive order that would enable the United States to sanction individual companies and institutions that finance trade with North Korea.
The measures could be applied to firms across the construction, energy, financial services, fishing, information technology, manufacturing, medical, mining, textiles, or transportation sectors.
Trump said the measure would also disrupt other trade avenues for North Korea in efforts to halt its nuclear weapons program.
He said North Korea’s textiles, fishing, information technology, and manufacturing industries were among those the United States could target.
Trump told reporters that their new executive order will cut off sources of revenue that fund North Korea’s efforts to develop the deadliest weapons known to humankind.
Source: News.com.au
