After criticizing North Korea at the UN General Assembly, US President Donald Trump signed an Executive Order that will increase sanctions against the dictatorship.
Trump: ‘North Korea’s nuclear weapons is a great threat’ Photo credit: Reuters/ Channel 2 News
Today (Thursday), US President Donald Trump revealed that he signed an Executive Order that will allow the US to increase sanctions against North Korea in order to prevent the advancement of its nuclear program.
“Today, I’m announcing a new Executive Order,” Trump told reporters. “That significantly expands our authority to target individuals, companies and financial institutions that finance and facilitate trade with North Korea.”
Trump added that the industries that might be hit the hardest by the sanctions will include the textile industry, the fishing industry, the information technology industry and the manufacturing industry.
The president was happy to add that China instructed its banks to stop doing business with North Korea. “Many countries are working with us to increase economic and diplomatic pressure on North Korea,” Trump added. “I continue to call on all those responsible nations to enforce and implement UN sanctions and impose their own measures like the ones I am announcing today.”
As reported earlier by JOL, North Korean Foreign Minister Ri Yong Ho described Trump’s speech in front of the United Nations General Assembly as “his dog-barking noise.” During the speech, Trump threatened that if need be, Washington will “totally destroy North Korea.”