US Treasury Sanctions Russian, Chinese Firms Over Illicit Trade With North Korea
(WorldNews China)

The United States Treasury imposed sanctions on three foreign companies it said was helping North Korea avoid sanctions with illicit shipments of goods on Wednesday, according to The Los Angeles Times. The Trump administration said it was taking action against the companies in Russia, China, and Singapore, along with the head of the Russian firm, by blocking any assets they may have within U.S. jurisdictions. The sanctions also bar any Americans or American companies from doing business with them. The U.S. Treasury released a statement which said China-based Dalian Sun Moon Star International Logistics Trading Co. Ltd and its Singapore-based affiliate SINSMS Pte. Ltd made over $1 billion a...