Exclusive: North Korea oil imports, airline among possible U.S. sanctions targets - sources
Source: Reuters
Thu Apr 13, 2017 | 6:18am EDT
By David Brunnstrom and Matt Spetalnick | WASHINGTON
Despite sending a naval force to the Korean peninsula, the Trump administration is focusing its North Korea strategy on tougher economic sanctions, possibly including an oil embargo, banning its airline, intercepting cargo ships and punishing Chinese banks doing business with Pyongyang, U.S. officials say.
U.S. President Donald Trump has approved a preliminary broad approach on North Korea and asked his national security team to craft a more detailed framework for new international sanctions and other actions to counter Pyongyang's nuclear and missile programs, one official said.
"There's a whole host of things that are possible, all the way up to what's essentially a trade quarantine on North Korea," the official told Reuters on Wednesday, speaking on condition of anonymity.
The U.S. officials said the administration is considering an array of stiffer sanctions that could be applied on a "sliding scale" proportionate to North Korean actions. Some steps could be applied unilaterally, and others through the United Nations, where China has a Security Council veto.
Read more: http://www.reuters.com/article/us-usa-northkorea-options-exclusive-idUSKBN17F030