More than a dozen business entities have been newly added to the list of companies targeted by U.S. sanctions against North Korea, one of which is a Chinese company accused of helping the North Korean regime develop weapons of mass destruction. The move is the latest in a string of actions taken by the Trump administration to crackdown on Chinese companies known for assisting the Kim Jong Un regime.
U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) announced on Tuesday that one individual, 12 shipping companies, and 20 vessels “with long-standing commercial ties to North Korea” have been added to the U.S. sanction efforts against the totalitarian regime.