US Pres. Trump announces executive action targeting companies trading with N. Korea - LiveSquawk

US President Trump recently announced that he was giving an executive order targeting individual companies that were trading with North Korea, as reported by LiveSquawk.

Key quotes (via LiveSquawk):

• Aim of order is to cut off sources of revenue to N.Korea
• PBoC has told Chinese banks to end N.Korea business
• Effort will target N.Korean shipping, trade networks
• Order gives treasury discretion to sanction foreign banks that conduct transactions tied to trade with N.Korea