Trump Launches New Sanctions On North Korea Through Executive Order

Tyler Durden's picture

As Gen. McMaster previewed earlier in the day, moments ago President Trump announced a new executive action that "significantly expands" US authority to target individuals, companies and financial institutions that finance or facilitate trade with North Korea.

“I am announcing a new executive order to sign that significantly expands authorities to target individuals, companies, financial institutions that finance and facilitate trade with North Korea,” Trump said.

While details remains scarce, among the notable big picture actions to be taken include:

  • TRUMP SAYS CHINA'S CENTRAL BANK HAS ORDERED THEIR BANKS TO STOP DOING BUSINESS WITH NORTH KOREA
  • TRUMP SAYS EFFORT WILL ALSO TARGET NORTH KOREAS SHIPPING, TRADE NETWORKS

The official announcement, which was made just before a United Nations summit with Japanese Prime Minister Shinzo Abe and South Korean President Moon Jae-in.

Japan was happy with the announcement":

  • JAPAN'S SHINZO ABE WELCOMES NEW ACTION BY UNITED STATES
  • JAPAN'S ABE: `NEW STAGE OF PRESSURE' AGAINST NORTH KOREA

That said, as discussed earlier, Trump has once again refused to push the boundary too far and anger China, and as a result the president once again refused to implement any oil-linked sanctions, potentially limiting the only trade flow between China and North Korea that matters.

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zorba THE GREEK's picture

Trump will poke the fat boy until the fat boy throws the first punch. Then it's gloves off. Classic schoolyard strategy.

Canadian Dirtlump's picture

WW2 Japan redux. Irresponsible and mebarrassing in my view, but just what the Military / Insiders want. They want war for profit / chaos, as well they want to hang it on Trump.

HowdyDoody's picture

The US military is slowly and surely being kicked out of Syria. They vacated one base west of the Euphrates around the time the SAA broke the siege. They have also left a second and bigger base at al Tanf where, guess what? - they were training more 'carefully vetted moderate head choppers'. The US has air dropped some troops in between the SAA on the east bank of the Euphrates and the major oil fields south of there. The SAA will simply bypass them and eventually come close to surrounding them again.

The 'greatest military on earth' is getting its ass handed to it by a collection of 'sand niggers' as the USM kindly refers to the locals. They need to beat the shit out of someone else to restore loss of face.

 

giovanni_f's picture

North Korea must have done a lot of harm to the US to make this example of a peace-loving nation react in such a manner.

And if by sheer coincidence these sanctions again hurt...Germany, believe it or not. A second objective of the Angloimperialists.

HowdyDoody's picture

Something big has just happened in Syria:

“Despite agreements signed in Astana on September 15, gunmen of Jabhat al-Nusra and joining them units that don’t want to comply with the cessation of hostilities terms, launched a large-scale offensive against positions of government troops north and northeast of Hama in Idlib de-escalation zone from 8 am on September 19 (…) According to available data, the offensive was initiated by American intelligence services to stop a successful advance of government troops east of Deir ez-Zor“.

Russia unequivocally told the commanders of US forces in Al Udeid Airbase (Qatar) that it will not tolerate any shelling from the areas where the SDF are stationed (…)  Fire from positions in regions [controlled by the SDF] will be suppressed by all means necessary."

The Russians have also noted that the biggest source of attacking fire against the SAA (+ Russian advisors) on the beach head comes from areas occupied by the SDF and their US SF advisors. The Russian military in Syria now has RoE allowing it to strike SDF positions when necessary without escalating to military command in Moscow. If US SF happen to be thre too, well tough shit.

By a strange coincidence, the US Navy Strike Fight Squadron 31 has released a high quality video of their attacks 'against ISIS' including strikes against the SAA in the vicinity of al Tanf, Syria, and the shootdown of the Su-22. The YouTube video was pulled shortly after release but SouthFront has a copy. The aircraft carrier, USS George H W Bush,  they flew from was based in the eastern Mediterranean at the time. Interestingly there have been no more flights from that area since the Russians made an unanounced S-300 missile launch against an unspecified target in the eastern Med earlier this year.

https://southfront.org/strike-fighter-squadron-31-releases-video-promoti...

chunga's picture

The republic is going full banana for sure.

Russia warns US it will strike back if militia attacks in Syria don’t end

https://www.rt.com/news/404040-russian-mod-sdf-syria/

Moscow has warned the US that if militias it supports in northeast Syria again attack positions of pro-government forces backed by Russia, the Russian military will use all its force to retaliate.

DWD-MOVIE's picture

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not dead yet's picture

You forgot the most important aspect. Even though the generals claim they hope for peace but prepare for war it's all bullshit. They hope for war and unwillingly prepare for peace. What good are all those troops and weapons when they can be used by the generals to show their manly manhood kicking some other generals, who believes the same BS, ass as if it's some kind of board game only with living and soon to be dead beings. General Ripper may have been fiction but there plenty more generals like him in real life. Dr Strangelove may have been fiction but there was a lot of truth in that movie.

twh99's picture

"Rocket Man" may be crazy, but he isn't stupid.  He will never throw the first punch, because he know NK would end in the next 20-30 minutes after that.

BlindMonkey's picture

He will never throw the first punch and lose the cover that China and Russia provide.

when the saxon began's picture

I am not so sure the "fat boy" is that stupid.  I'm betting on him over the "barking dog".

HRClinton's picture

Durden-san, prease verify Thump's craim...

  • TRUMP SAYS CHINA'S CENTRAL BANK HAS ORDERED THEIR BANKS TO STOP DOING BUSINESS WITH NORTH KOREA.
nmewn's picture

Microsoft, Gooolag, Farcebook and the states of Kalifornia, Washington & Oregon immediately file for an injunction with the 9th Circus. 

spastic_colon's picture

huh....and goldman is up almost 1% today.....weird

thesonandheir's picture

Kim will be shaking like a shitting dog after this!

Hongcha's picture

Cue fatboy announcing his next bottle rocket ...

Cautiously Pessimistic's picture

Great.  Just one tiny problem..... that FAT BASTARD and his puppet generals already have the toughest sanctions in the world on their own people, who won't know the difference any way.  Oh yeah....and I trust China about as far as I can throw them.  The fact is, we (meaning Clinton, Bush, and Obama) failed by kicking the can from here to farfoodle and back.  North Korea is now a nuclear power.  Not going to be putting that toothpaste back in the tube.   #WINNING!

 

not dead yet's picture

And just maybe if the US hadn't treated them like shit since the start of the war they may be nice people today. More like the US has been kicking their can for over 60 years. Some generals have stated if there wasn't a North Korea one would be created. NK and it's actions allow the US to justify it's bases in the region and it's "pivot to Asia." Just as NATO is surrounding Russia with bases it's now China's turn to get surrounded by the empire. NK, Ukraine, Syria, Iraq, and others are just sideshows as the US marches to rule the world leaving carnage in it's wake whether by bombs or sanctions.

The South American countries have told Uncle Sam to piss off plenty the last few decades. Uncle is pissed that "inferior" people are standing in it's way and is flexing his muscles down there and Venezuela is at the top of the hit list and a lesson to the others.

lester1's picture

An SEC crackdown on Bitcoin is next. Kim Jong Un loves using Bitcoin to hide his wealth from international sanctions.

lolmao500's picture

So... kim bank accounts are still not seized...nor are all gas and oil cut nor the components to make missile fuel banned from import... what a waste of time.

Trump is either a dumb fuck or he's doing this on purpose so it fails and he can attack Kim.

FreeShitter's picture

Its all distraction as the bankers contine the assault.

peddling-fiction's picture

Distraction that fools the masses.

PoorWhiteMan's picture

I doubt they could find Kim's bank accounts with a tour guide. That's what angers them so.

east of eden's picture

The US Military - failing since 1954.

Herdee's picture

Americans using this strategy of economic pressure through SWIFT and the Courts is gradually changing the world economic order. Soon, most countries will avoid this American system and use the other alternate systems that are developing.

swmnguy's picture

Yep.  None of this is really directed at the Norks.  It's all about pushing other countries around and trying to make them dance to the US's tune.

As such, this is accelerating the collapse of the American Empire to warp-speed.

For the US to squander our power and influence on a total waste of time like North Korea is a sign of grave weakness.  It may fool domestic idiots, but it's not fooling anyone else in the world.  To the contrary, it's actively demonstrating to the rest of the world that they need to get their alternatives in order right now.  And they are, as we speak.

alangreedspank's picture

So I guess Hyundai will get bent for selling vehicles in the US ? The Korean DMZ is Hyundai's Mexico.

rwe2late's picture

 New sanctions are not really directed against NK (or Iran).

That publicized reason is a false excuse, a smokescreen to placate the mass ass.

The (secondary) sanctions (economic/financial war) will actually be directed against Russia and China.

The point is not so much how NK is affected.

The real point is how Russian and Chinese banks and business are affected.

 

And it is all in the context of seeking global submission to the empire.

https://www.counterpunch.org/2017/09/19/trumps-war-on-the-north-korean-p...

HowdyDoody's picture

And that is the real reason the US put THAAD into southern Korea, against the wishes of the population. It gives the US a nuke-capable first strike capacity against China, just as the 'missile defense' systems in Poland and Romania do against Russia.

PoorWhiteMan's picture

No. But it does allow the US to shoot down Chinese ICBM's.

east of eden's picture

You're idiotic comment simply exposes you as an imbecile and probably a total fraud.

east of eden's picture

THaad? HAHAHAHAHAHAHAHAHAHAHAHAHA

Why don't you tell the people what Thaad really is. A limited range, tactical battlefield perimeter anti-missile system.

It would never, and could never, shoot down an ICBM.

HowdyDoody's picture

Your comment is irrelevant. It is there as a nuke-capable first strike threat to China.

 

PorscheNoSub's picture

Are you saying the THAAD system itself is a nuclear first strike system? Or, that its ability to intercept ICBMs gives the US [technically] counter-strike ICBMs the actual effect of being a first strike? 

 

To my understanding, the THAAD doesn't even have a warhead. It is a kinetic, hit-to-kill system. The rocket dimensions would likely indicate there isn't a (disclosed) active warhead that would fit on the rocket.  

Davidduke2000's picture

Russia and China use a different banking system, they no longer use swift.

east of eden's picture

YEs, for sure. But one thing you can ALWAYS count on when dealing with Americans is that they lie, deceive, cheat, steal, murder, brutalize, torture, disenfranchise, and otherwise show themselves to be what they really are - the hands and feet of the Great Serpent.

shovelhead's picture

In my world, serpents don't have hands and feet.

You suck at analogies.

rwe2late's picture

If your point is to suggest that US financial sanctions have no appreciable effect on Russia or China,

then you are mistaken, especially about secondary sanctions.

e.g.

As a shot across the bow, the U.S. sanctioned the Chinese Bank of Dandong back in June, leading to Western firms severing contacts with the institution.

Mr T's picture

Swift is not a banking system. It is a messaging system Seems kinda like bitcoin.

http://www.investopedia.com/articles/personal-finance/050515/how-swift-s...

 

The Duke of New York A No.1's picture

WOOF WOOF WOOF ... "fire & furry" ... WOOF WOOF WOOF ... "all measures to protect allies" ... WOOF WOOF WOOF ... "patience is over" ... WOOF WOOF WOOF.

 

 

 

The Duke of New York A No.1's picture

The FAT chinese kid has Trump by the balls - Bannon.

 

 

RawPawg's picture

"Yo,Vlad,It's Kimbo,Tell Me More About Your New "Bypass" System"

east of eden's picture

When you get hold of him, tell him I would like to see the Sarmat's fly, and soon please.

Fiscal.Enema's picture

The US and other nations did this to Japan in the 1930s and the result was war in the Pacific.

There is only one way this will be resolved and that is War.

Davidduke2000's picture

There is nothing to resolve, NK is building defenses against the bully yanks.