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ibusinesslines.com June 24, 2018


Trump Admin Preparing Another Round of China Sanctions over North Korea Ties

16 July 2017, 03:38 | Melissa Porter

Trump Admin Preparing Another Round of China Sanctions over North Korea Ties

Trump Admin Preparing Another Round of China Sanctions over North Korea Ties

After Trump publicly pressed Beijing to rein in economic support for the rogue regime, trade between China and North Korea grew more than 37 percent in the first quarter, a statistic available in April but which Trump didn't publicly acknowledge until last week.

The exports were largely driven by textile products and other traditional labor-intensive goods that are not included on the United Nations embargo list, Huang Songping, a customs spokesman, said at a briefing in Beijing. But try as he might on Twitter or in person, President Donald Trump hasn't persuaded China to keep Kim Jong Un's regime from testing missile after missile during his first six months in office.

The Chinese customs department released figures showing a 29 percent spike in Chinese exports to North Korea.

President Trump has repeatedly criticized China for not doing enough to control North Korea.

That increase "cannot be used as evidence questioning China's seriousness in fulfilling UNSC resolutions", Huang said.

He pointed to a 13.2 percent drop in imports from North Korea in the same period as an example of the pressure, adding that there have been sharp decreases every month since March.


"Make no mistake, the Security Council's sanctions on [North Korea] can not be equated with all-encompassing economic sanctions".

The decline follows China's decision in February to ban all imports of North Korean coal.

The bill is meant "to stop North Korea and prevent nuclear war", he said, pointing to recent news reports on an increase in China's trade with its wayward, isolated neighbor despite the UNSC sanctions.

Whether the new penalties are put in place will depend on how a high-level economic meeting between US and Chinese officials in Washington next week goes and on how China responds to USA pressure on Pyongyang, according to Reuters.

The latest potential measures could also be posturing prior to next week's meetings, given Trump's tweet following his meeting with Xi at the Group of 20 summit in Hamburg, Germany over the weekend.



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