President Trump announced he has just signed a new executive order that "significantly expands our authority to target individual companies, and financial institutions that facilitate trade with North Korea."
The order, which aims to cut off sources of revenue that fund North Korea's nuclear and weapons programs, comes in response to North Korea's repeated missile and nuclear tests. It targets any individual or entity that trades goods, services or technology with the North.
Mr. Trump also praised a new action taken by China's central bank to demand that other banks stop doing business with the North. "This just happened," Mr. Trump said.
President Trump announced he has just signed a new executive order that "significantly expands our authority to target individual companies, and financial institutions that facilitate trade with North Korea."
The order, which aims to cut off sources of revenue that fund North Korea's nuclear and weapons programs, comes in response to North Korea's repeated missile and nuclear tests. It targets any individual or entity that trades goods, services or technology with the North.
Mr. Trump also praised a new action taken by China's central bank to demand that other banks stop doing business with the North. "This just happened," Mr. Trump said.
CBS