WASHINGTON (Reuters) – The United States imposed sanctions on two Chinese citizens and a shipping company on Thursday for helping North Korea’s nuclear and missile programs and accused a Chinese bank of laundering money for Pyongyang. U.S. Treasury Secretary Steve Mnuchin said the actions were designed to cut off funds that North Korea uses to […]

The United States blacklisted a small Chinese bank accused of illicit dealings with North Korea on Thursday, escalating the pressure on Beijing to rein in its wayward ally amid increased signs of frustration among President Donald Trump and his top advisers with China’s diplomatic efforts. The Treasury Department declared the Bank of Dandong a “primary money-laundering concern,” […]