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U.S. Treasury Secretary Steven Mnuchin issued a statement Tuesday regarding additional sanctions on North Korea.   © Reuters
North Korea Crisis

New US sanctions on North Korea ensnare more Chinese entities

Beijing issues tempered response but warns against 'unilateral' acts

TSUYOSHI NAGASAWA and TETSUSHI TAKAHASHI, Nikkei staff writers | China

WASHINGTON/BEIJING -- The U.S. could be taking further steps to curb North Korea's weapons development in the coming weeks to follow a fresh round of sanctions announced Tuesday, with even sanctions on Chinese state-run banks believed to be on the table.

"We are steadfast in our determination to maximize economic pressure to isolate [North Korea] from outside sources of trade and revenue," U.S. Treasury Secretary Steven Mnuchin said that day. Newly sanctioned parties are having their U.S. assets frozen, and will be unable to do business with U.S. citizens.

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