Trump abruptly reverses Treasury's North Korea-related sanctions on Chinese shippers [View all]
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Source: NBC
WASHINGTON — President Donald Trump suggested Friday that he would lift sanctions his Treasury Department had just announced it would impose on two Chinese shipping companies for allegedly violating existing prohibitions on providing goods and transportation services to North Korea.
"It was announced today by the U.S. Treasury that additional large scale Sanctions would be added to those already existing Sanctions on North Korea," Trump wrote on Twitter. "I have today ordered the withdrawal of those additional Sanctions!"
The sanctions — which the White House did not immediately confirm that the president's tweet was in reference to — were actually announced Thursday by the U.S. Office of Foreign Assets Control, which is an agency under the Treasury Department.
White House press secretary Sarah Sanders explained the president's decision as a courtesy to North Korean leader Kim Jong Un, with whom Trump broke off denuclearization talks in Hanoi last month.
Read more: https://www.nbcnews.com/politics/white-house/trump-abruptly-reverses-treasury-s-north-korea-related-sanctions-chinese-n986376?cid=sm_npd_ms_fb_ma
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