Those were the superlatives the Trump administration used to describe its latest sanctions against North Korea. TREASURY SECRETARY STEVEN MNUCHIN: "The Treasury Department is announcing the largest set of sanctions ever imposed in connection with North Korea." In terms of the number of entities targeted Friday, Mnuchin is probably correct about the history of sanctions on North Korea. That's certainly a significant increase in pressure on North Korea as its foreign trade diminishes. Past U.S. sanctions that have targeted Chinese companies have probably had a much bigger impact on North Korea's revenue streams.
Source: ABC News February 23, 2018 22:52 UTC