JUST IN: Trump sanctions Russian company with ties to N. Korea


President Trump has slapped sanctions against a company based in Russia, for their part in aiding North Korea’s nuclear weapons program.

Moscow-based Ardis-Bearings LLC, and its director, Igor Aleksandrovich Michurin, have been targeted for their support to Tangun Trading Corporation, a company that provides equipment for the WMD program and was sanction earlier as they are “primarily responsible for commodities and technologies to support North Korea’s defense research and development programs.”

A Chinese official who “facilitates financial transactions on behalf of the regime, as well as other entities involved in the weapons program and other North Korean economic industries” was also targeted in the sanctions, according to the Washington Examiner.

Secretary of State Rex Tillerson had promised that the United States will “punish countries and entities who refuse to implement international sanctions against North Korea.”

John Smith, director of the Treasury Department’s Office of Foreign Assets Control, released the following statement:

“The United States will continue to target individuals and entities responsible for financing and supporting North Korea’s nuclear weapons and ballistic missile programs, and will continue to increase pressure on this hostile regime. Treasury is working with our allies to counter networks that enable North Korea’s destabilizing activities, and we urge our partners to take parallel steps to cut off their funding sources.”

The Washington Examiner reported that Russian officials are also still “fuming” about sanctions imposed in December by then-President Obama, in response to alleged cyber attacks against the Democratic Party, which Russia has denied being involved in.

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