In a surprise move, Saturday, the United Nations approved new sanctions on North Korea.
As a result, the regime of Kim Jong Un will be banned from exporting any goods or services. The BBC estimates that the sanctions will reduce North Korean exports from $3 billion to $2 billion annually. That $2 billion will be retained by continued illicit trading with nations such as China.
Still, these sanctions are a step in the right direction. North Korea’s relentless missile tests have now met their first major pushback. This is a big diplomatic win for the Trump administration.
There are two reasons the U.N. finally decided to act.
Read more at the Washington Examiner.