- Shane Savitsky
- Sep 21
Trump: China's banks won't do business with North Korea
In what he branded a "bold" and "somewhat unexpected' move, President Trump announced this afternoon that China's central bank has directed its subsidiary banks within the country's "massive banking system" to cease all business with North Korea. Trump also announced that he'd signed an executive order designed to target individuals, companies, and financial institutions that do business with North Korea.