Tags: North Korea | Trump Administration | mnuchin | china | north korea | sanctions

Mnuchin: China May Face New Sanctions on North Korea

(Ruletkka/Dreamstime)

Tuesday, 12 Sep 2017 10:13 AM

U.S. Treasury Secretary Steven Mnuchin said on Tuesday that if China doesn't follow the United Nations sanctions approved on North Korea, he will seek new financial sanctions on Beijing to cut off access to the U.S. financial system.

Mnuchin told a conference broadcast on CNBC that China agreed to "historic" sanctions on North Korea on Monday in a UN Security Council vote.

"If China doesn't follow these sanctions, we will put additional sanctions on them and prevent them from accessing the U.S. and international dollar system, and that's quite meaningful," Mnuchin said.

© 2017 Thomson/Reuters. All rights reserved.

 
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U.S. Treasury Secretary Steven Mnuchin said on Tuesday that if China doesn't follow the United Nations sanctions approved on North Korea, he will seek new financial sanctions on Beijing to cut off access to the U.S. financial system.
mnuchin, china, north korea, sanctions
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2017-13-12
Tuesday, 12 Sep 2017 10:13 AM
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