US sanctions China bank and 2 individuals
Chinese Bank of Dandong as "Primary money laundering concern" over links to No. Korea's weapons program
- They also Daliean Global Unity Shipping Co and two Chinese individuals
- Mnuchin says No Korean's inhumane behavior will not be tolerated.
- US and China have productive conversations on N Korea. Hopes it will continue
- Firmly looking to work with other nations to cut off financing to No. Korea.
- No decision on next Fed chair
- Has not given drop dead limit on debt limit extension.
- These sanctions are in no way aimed at China
- 100% committed to getting tax reform done this year
- US supportive of the IMF but will continue to assess financial contributions to it.
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