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Aug 6, 2017

China joins U.S. to squeeze North Korea

Axios
U.N. Ambassador Nikki Haley. Photo: Bebeto Matthews / AP

"After a month of deliberations and negotiations, the [U.N.] Security Council on Saturday unanimously passed a resolution that would slash about $1 billion off North Korea's annual foreign revenue," the Wall Street Journal's Farnaz Fassihi reports:

  • "China and Russia ... ultimately endorsed the resolution, saying the rogue nation's recent provocations were unacceptable."
  • "U.S. Ambassador Nikki Haley ... personally thanked China for helping move the resolution."
  • "The U.S., which had drafted and put forward the resolution, negotiated for more than a month with China."
  • "[R]esolution steps up trade restrictions with Pyongyang by aiming to cut off a third of its $3 billion annual export revenue ... bans countries from ... new joint ventures with Pyongyang."

Be smart: This looks like a big, unforeseen win for Trump. Stanford's Michael McFaul‏ — U.S. ambassador to Russia under Obama, and a persistent and influential Trump critic — tweeted: "This vote is a genuine foreign policy achievement. ... Well done Ambassador @nikkihaley."

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