Trump Signs Defense Bill with Provision to Assess 'All Trade' Between China and North Korea
A defense bill President Donald Trump signed into law on Dec. 12 allows the defense secretary to terminate contracts or prohibit the awarding of contracts this fiscal year to Chinese companies found to support illicit North Korean activities. The National…
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Defense Authorization Act for Fiscal Year 2018 directs the defense secretary, in consultation with the secretary of state, treasury secretary and director of national intelligence, to conduct an assessment of “all trade” between China and North Korea, probing the extent to which the U.S. procures goods or services from Chinese companies that “materially support” illicit North Korean activities. The law authorizes the defense secretary to terminate existing contracts or ban the awarding of contracts for procurement from such Chinese entities. It also requires the defense secretary to submit a classified report to Congress by June 10.