Trump Tried to Undo North Korea Penalty, Contrary to U.S. Account

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Trump Tried to Undo North Korea Penalty, Contrary to U.S. Account
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BREAKING: Trump tried to undo North Korea penalty, contrary to U.S. account via Business

-- President Donald Trump last week intended to reverse sanctions imposed on two Chinese shipping companies accused of violating North Korea trade prohibitions -- until officials in his administration persuaded him to back off and then devised a misleading explanation of his vague tweet announcing the move.

There were no additional North Korea sanctions in the works at the time, according to two people familiar with the matter.The people asked not to be identified in order to candidly describe last week’s events and the administration’s attempt to provide a cover story for the president. White House and Treasury communications staff didn’t comment on Tuesday.

“We now have sanctions that are being waived by the president after Treasury, by law, issues them,” he said. “This body ought to be growing more and more frustrated with the U.S. continuing to change our policy while Kim Jong Un sits back and continues to develop fissile material, nuclear weapons without doing a doggone thing except watch the United States change its negotiating position.

“President Trump likes Chairman Kim and he doesn’t think these sanctions will be necessary,” White House Press Secretary Sarah Huckabee Sanders said in a statement after the tweet that didn’t explain which sanctions Trump had withdrawn.One of the two Chinese shipping companies, Dalian Haibo International Freight Co. Ltd., is doing business with a sanctioned North Korean company, Treasury said in a statement on Thursday. The other, Liaoning Danxing International Forwarding Co. Ltd.

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