Tillerson Warns of Sanctions on North Korean Allies
Source: Newsweek
U.S. COULD RAISE PRESSURE ON NORTH KOREA WITH SANCTIONS ON COUNTRIES THAT TRADE WITH PYONGYANG
BY ELEANOR ROSS ON 6/14/17 AT 10:17 AM
The U.S. Secretary of State Rex Tillerson has proposed introducing sanctions against any countries conducting deals with North Korea.
Tillerson said the White House may need to impose "secondary sanctions" on nations who engage in business with North Korea. He made the statement during a hearing at the U.S. Senate Foreign Relations Committee on Tuesday.
The U.S. has no trade links with North Korea, but can apply pressure on companies from other countries to reduce trade by implementing third-party sanctions on them. Tillerson has not yet named any countries that might be affected.
He said: "We are in a stage where we are moving into this next effort of 'Are we going to have to, in effect, start taking secondary sanctions because countries we have provided information to have not, or are unwilling, or don't have the ability to do that?'"
Read more: http://www.newsweek.com/north-korea-rex-tillerson-us-sanctions-trade-business-625451
Initech
(100,063 posts)So Tillerson would essentially be cutting off his employer. I say try it, I dare you!
paleotn
(17,911 posts)They have few other trading partners or patrons. This could get interesting.
still_one
(92,136 posts)partners who do business with NK
Astraea
(468 posts)Regime change any day now.