Marco Rubio Wants to Crack Down on Businesses Helping North Korea

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Last week U.S. President Donald Trump denounced China's trade with North Korea, saying it had grown nearly 40 percent in the first quarter, and cast doubt on whether Beijing was helping to counter the threat from North Korea.

China rejected claims on Thursday that it had violated UN Security Council resolutions by increasing trade with North Korea.

Trade between the two countries remains a lifeline for Pyongyang, constituting close to 90% of the DPRK's overall annual foreign trade.

Among the blacklisted officials is the head of North Korea's overseas spying operations, senior members of North Korea's Workers' Party, and heads of trading firms that have funded North Korea's military program.

The special rapporteur's activities here will also include information gathering needed to compile his report to be presented to a U.N. General Assembly later in the year. Nonetheless, China's imports from the nuclear-armed country slid by 13.2 percent to $880 million. Imports have fallen since March, when they declined 36.5 percent, he said.

Hmmm: House taking action on Russian Federation sanctions?
The document is identical to the one that was supported by the Senate about a month ago with an absolute majority of votes. House Republican leaders initially rejected the Bill for procedural reasons, prompting the Senate to tweak it.

China reacted strongly to the move, with a foreign ministry spokesperson urging the U.S.to "correct the errors immediately" and warning that they would negatively affect cooperation between Washington DC and Beijing on the North Korean issue. Experts also say that even though the US has a deficit in goods trade, the country has enjoyed surpluses in services trade under the deal, and USA deficits in goods trade would have been larger had it not been for the pact.

Trade between Beijing and Pyongyang during the past few months has not included any sanctioned content related to the provision of materials, nor has it helped to generate revenue for the DPRK's nuclear or ballistic missile programmes, Geng noted.

"China customs have all along fully, accurately, ..." "We must take every diplomatic and economic measure now to stop North Korea and to prevent nuclear war". "It's high time for the United States to maximize global economic pressure against Kim Jong Un's regime as well as against the many foreign banks and foreign companies that are enabling it, especially in China".

A Chinese government official said Thursday that China-North Korea trade was worth $2.6 billion in the first half of 2017, up about 10% over the same period a year ago.

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