Trump announces new North Korea sanctions

President Donald Trump announced Friday that the US Treasury Department is imposing new sanctions against ...

Posted: Feb 24, 2018 3:57 PM
Updated: Feb 24, 2018 3:57 PM

President Donald Trump announced Friday that the US Treasury Department is imposing new sanctions against North Korea specifically targeting the country's shipping and trading companies and vessels in an effort to further isolate the rogue regime.

Senior administration officials told reporters on Friday that Trump would discuss new sanctions on North Korea during his speech at the Conservative Political Action Conference and touted the sanctions as the headline of the of the speech.

But it took the President nearly 80 minutes to mention the sanctions -- which he did only briefly -- at the end of his free-wheeling speech.

"North Korea, we imposed today the heaviest sanctions ever imposed by our country before. And frankly, hopefully something positive can happen. We will see, but hopefully something positive can happen," Trump said. "That just was announced and I wanted to let you know."

In its latest step to heighten its economic warfare against North Korea, the US government imposed sanctions against 27 entities and 28 vessels either registered or flagged in several countries, including North Korea, China and Singapore.

In a statement on Friday, Treasury Secretary Steven Mnuchin said the US is "aggressively targeting all illicit avenues used by North Korea to evade sanctions, including taking decisive action to block vessels, shipping companies, and entities across the globe that work on North Korea's behalf."

Sixteen North Korean shipping companies were sanctioned including Chonmyong Shipping Company Limited, Hapjanggang Shipping and Korea Achim Shipping Co.

Nine international shipping companies and nine vessels were also added to the US sanctions list: Asia Bridge 1, Hao Fan 2 and Xin Guang Hai. Along with international companies such as Shandong, China-based Weihai World-Shipping Freight and Shanghai, China-based Shangahi Dongfeng Shipping Co. Ltd.

The US government also labeled a Taiwanese citizen, Tsang Yung Yuan, who has coordinated North Korea coal exports with a Russia-based North Korean broker. Tsang has a record of sanctions evasion activities, according to Treasury.

Treasury, along with the State Department and US Coast Guard, also warned the public of significant sanctions they could face if they help to enable any shipments to goods to and from North Korea in an advisory.

The agencies also alerted those industries of North Korea's deceptive shipping practices.

"The President has made it clear to companies worldwide that if they choose to help fund North Korea's nuclear ambitions, they will not do business with the United States," Mnuchin said.

North Korea has been known to falsify and conceal information displayed on North Korean vessels and conduct ship-to-ship transfers, currently prohibited by the United Nations.

While these sanctions solely focus on "elicit maritime activity," administration officials made it clear that they are part of the maximum pressure campaign aimed at denuclearization.

The point of these sanctions, an official said, is not just to punish the rouge nation, but to raise "the cost of doing business with North Korea" for other countries.

"The President is clearly frustrated, and rightly so, over efforts that have failed in the past and also over the uptick in testing and the advancements we have seen in the North Korean program in the recent period of time and over the last couple of decades," an official said.

The announcement comes while the President's daughter and senior adviser Ivanka Trump is in South Korea for the closing days of the 2018 Winter Olympics.

According to Mnuchin, she briefed South Korean President Moon Jae-in about the new North Korea sanctions.

"Ivanka Trump has been briefed on this," Mnuchin said. "She has been part of the team. She had dinner with President Moon and had a private discussion in advance about this occurring and this has been an interagency process."

Asked if she had the appropriate security clearance, Mnuchin said, "She has the appropriate access to brief the president."

During a pre-dinner briefing with Moon, Ivanka said her visit was to "reaffirm our commitment to our maximum pressure campaign to ensure that the Korean Peninsula is denuclearized." She added that discussions with South Korea would touch on "joint values and strategic cooperation as partners and allies."

During the dinner, President Moon said that the denuclearization dialogue and the inter-Korean dialogue on the Korean Peninsula cannot go separately, and this process should progress hand-in-hand, according to Yoon Young-chan, a spokesperson for the presidential Blue House in Seoul.

Moon also said it is important for South Korea and the US to cooperate closely, the spokesperson said.

Moon said North Korea's participation in the Olympics was an "opportunity" for inter-Korean dialogue, which had "led to lowering of tensions on the peninsula and an improvement in inter-Korean relations."

He also thanked "President Trump's strong support for inter-Korean dialogue."

Indiana Coronavirus Cases

Data is updated nightly.

Cases: 300913

Reported Deaths: 5332
CountyCasesDeaths
Marion41330845
Lake26364448
Allen17299290
Elkhart16665212
St. Joseph16319220
Hamilton12459164
Vanderburgh9428112
Tippecanoe826727
Porter791279
Johnson6139164
Hendricks5807154
Vigo574474
Monroe525247
Clark495374
Delaware4789103
Madison4760119
LaPorte446894
Kosciusko446139
Howard325575
Warrick316072
Floyd306177
Bartholomew303262
Wayne295261
Cass293431
Marshall289944
Grant258747
Noble246846
Hancock243749
Henry237136
Boone235154
Dubois230430
Dearborn208829
Jackson206033
Morgan200643
Knox178017
Gibson177022
Clinton174920
Shelby174554
Lawrence171646
DeKalb171229
Adams165219
Miami155114
Wabash153018
Daviess152243
Fayette145233
Steuben141113
Jasper138311
Harrison137624
LaGrange136629
Montgomery131226
Whitley129910
Ripley123714
Decatur123542
Huntington122310
Posey118913
Putnam118326
Wells118327
Randolph117819
White117421
Clay115621
Jefferson114214
Greene100253
Scott99818
Jay95012
Starke89221
Sullivan86615
Fulton81117
Perry80921
Jennings80514
Spencer8047
Fountain7378
Washington7176
Carroll66813
Franklin65925
Orange65728
Vermillion5832
Owen5816
Parke5416
Newton54012
Tipton53726
Rush5216
Blackford51211
Pike50218
Pulaski36810
Martin3485
Brown3263
Benton3251
Crawford2781
Union2621
Switzerland2473
Warren2352
Ohio2257
Unassigned0265

Ohio Coronavirus Cases

Data is updated nightly.

Cases: 363304

Reported Deaths: 6020
CountyCasesDeaths
Franklin49267665
Cuyahoga35214736
Hamilton29462371
Montgomery19636225
Butler14472144
Lucas14033409
Summit12962310
Stark8529197
Warren798975
Mahoning7068299
Lake662766
Lorain623697
Clermont563946
Delaware540335
Licking535875
Fairfield523763
Trumbull5159144
Greene510563
Clark501064
Allen460685
Marion457751
Wood4394107
Medina428654
Miami416465
Pickaway396448
Columbiana339597
Portage334471
Tuscarawas317557
Wayne314993
Richland306732
Mercer284737
Ross239259
Hancock232736
Muskingum231910
Auglaize223230
Putnam221449
Erie217165
Darke217058
Ashtabula215753
Geauga197351
Scioto193615
Union18658
Lawrence185436
Shelby184815
Athens18454
Seneca173118
Belmont158529
Madison156218
Sandusky152327
Preble148421
Huron147518
Defiance137921
Holmes137739
Logan123613
Knox122518
Fulton122025
Crawford119116
Ottawa118930
Washington116427
Clinton103414
Ashland102722
Williams10238
Jefferson10124
Highland99517
Henry98422
Brown9644
Champaign9345
Jackson90312
Van Wert8976
Fayette89217
Hardin86118
Morrow8552
Guernsey83313
Coshocton81413
Perry77012
Adams75012
Pike7261
Wyandot70516
Gallia70413
Paulding62710
Hocking61011
Noble59722
Carroll44310
Meigs37612
Monroe31021
Morgan2395
Vinton2105
Harrison1913
Unassigned00
Fort Wayne
Overcast
34° wxIcon
Hi: 41° Lo: 39°
Feels Like: 30°
Angola
Few Clouds
32° wxIcon
Hi: 37° Lo: 36°
Feels Like: 25°
Huntington
Overcast
36° wxIcon
Hi: 43° Lo: 40°
Feels Like: 32°
Decatur
Overcast
36° wxIcon
Hi: 43° Lo: 40°
Feels Like: 32°
Van Wert
Overcast
36° wxIcon
Hi: 42° Lo: 39°
Feels Like: 32°
Snow/Rain Showers Tuesday
WFFT Radar
WFFT Temperatures
WFFT National

Community Events