The Trump administration is reportedly moving toward acting alone against North Korea, a sign of increasing U.S. frustration with the stalemate on the issue in the United Nations Security Council.
The Wall Street Journal reported Monday that the administration is moving unilaterally toward tightening sanctions on North Korea, particularly targeting Chinese companies and banks funding the rogue regime’s weapons program. The focus from the administration comes after Pyongyang launched an intercontinental ballistic missile with the ability to potentially reach U.S. cities this month.
The Journal cites recently unsealed court filings as offering clues that the White House is ready to act on its own in sanctioning banks. In those filings, the Justice Department pointed to a network associated with five companies linked to a Chinese national that hid transactions to help finance the North Korean regime.
Analysts told the Journal that some Chinese banks handle allegedly laundered money that could be targeted. While efforts to shut down North Korea’s missile program have stumbled in recent years, officials said the missile launch was a game changer, particularly as it put Alaska within reach.
Originally published by Breitbart.