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Trump Boosts North Korea Sanctions, Adding Economic Pressure

  • President says China acting to cut financial transactions
  • Kim calls Trump ‘deranged,’ threatens highest countermeasure
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Trump Orders New Sanctions on North Korea

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U.S. President Donald Trump ordered new sanctions on individuals, companies and banks doing business with North Korea as he sought to further isolate the regime and increase economic pressure for it to curb its weapons programs.

Trump added that China is ordering banks to stop dealing with Kim Jong Un’s regime, but it was unclear if he was referring to a new development or the People’s Bank of China’s Sept. 11 statement it had instructed banks and other financial entities to suspend accounts subject to sanctions under a United Nations Security Council resolution. China is North Korea’s largest trading partner and its main ally.