The U.S. Department of the Treasury slapped new sanctions on North Korea Tuesday, one day after President Trump declared the rogue nation a state sponsor of terrorism.
The new measures included sanctions on one individual, 13 entities, and 20 vessels as the U.S. continues to take action “multilaterally and unilaterally” to disrupt North Korea’s funding of its nuclear and ballistic missile programs.
Tuesday’s sanctions, according to the Treasury Department, target third-country persons with long-standing commercial ties to North Korea, as well as the transportation networks that facilitate North Korea’s revenue generation and operations.
“As North Korea continues to threaten international peace and security, we are steadfast in our determination to maximize economic pressure to isolate it from outside sources of trade and revenue while exposing its evasive tactics,” Treasury Secretary Steven Mnuchin said in a statement Tuesday.
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