‘China has been warned that it could face further sanctions from the US if it does not abide by new United Nations sanctions placed on Kim Jong-un’s regime, Treasury Secretary Steven Mnuchin has said.
The UN Security Council unanimously voted this week to ratchet up sanctions on North Korea following its sixth and largest nuclear test, although the penalties fell short of the sweeping sanctions the Trump administration had demanded.
Both Russia and China, North Korea’s main economic ally, had opposed the US’s call for an oil embargo and other far-reaching sanctions.
The new penalties include a ban on the sale of natural gas to North Korea and limits the amount of refined petroleum sales to the country to two million barrels per year. China, supplies most of North Korea’s crude oil.’