November 13, 2017

Ahead of Trump’s China Visit, ‘Real Teeth’ in New North Korea Sanctions Bill

“One day before President Donald Trump arrives in Beijing, the U.S. Senate is advancing a new North Korea sanctions bill that takes aim at Pyongyang’s chief enabler — China.

On Tuesday, the Senate banking committee approved the Otto Warmbier Banking Restrictions Involving North Korea Act, or BRINK Act, in a unanimous vote. The bill, which has broad bipartisan support, would represent a significant increase in U.S. economic pressure on Chinese firms, including major banks, that help North Korea stay afloat and evade existing sanctions.”