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President Trump announced an executive order Thursday to grant additional authority to the Treasury Department to enforce economic sanctions on North Korea and foreign companies and individuals that do business with the rogue nation in Northeast Asia.

The president also said that Chinese President Xi Jinping had ordered Chinese banks to cease conducting business with North Korean entities. Trump called the move “very bold” and “somewhat unexpected,” and he praised Xi.

“North Korea’s nuclear program is a grave threat to peace and security in our world, and it is unacceptable that others financially support this criminal, rogue regime,” Trump said in brief public remarks during a meeting with the leaders of South Korea and Japan to discuss strategy to confront Pyongyang over its nuclear and ballistic missile programs.

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President Trump announced an executive order on Sept. 21 to enforce economic sanctions on North Korea and countries that do business with the “rogue regime” of North Korea. (The Washington Post)

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Trump announces new economic sanctions … – Washington Post

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