Imposing Additional Sanctions With Respect to North Korea

What it means

Significantly expands sanctions against North Korea in response to missile tests and nuclear program. Blocks property of persons operating in key North Korean industries and prohibits vessels and aircraft that visited North Korea from entering the US for 180 days.

Expected impact

• Increased economic pressure on North Korea through restrictions on trade, transportation, and banking
• Reduced ability for North Korea to generate foreign currency through international commerce
• Limited access to global financial systems for entities doing business with North Korea
• Encouragement for other countries to adopt similar sanctions, further isolating the North Korean economy
• Potential response from North Korea, possibly including provocative military actions