The United States Treasury Department has imposed sanctions on 13 North Korean and Chinese entities, accusing them of helping the North Korean government bypass restrictions that have already been in place and sustaining Pyongyang through trade.
US Treasury Secretary Steven Mnuchin announced the new sanctions on Tuesday, a day after US President Donald Trump added North Korea to his administration’s blacklist of “state sponsors of terrorism.”
Mnuchin said, “This designation will impose further sanctions and penalties on North Korea and related persons and supports our maximum pressure campaign to isolate the murderous regime.”
Three Chinese companies, namely Dandong Kehua Economy & Trade Co., Dandong Xianghe Trading Co., and Dandong Hongda Trade Co., faced sanctions as part of the new measures. The US Treasury accused them of having done over $750 million worth of combined trade with North Korea.
The US also blacklisted Chinese…