Overview
- President Trump remains publicly open to direct engagement with Kim Jong-un to secure a fully denuclearized Korean Peninsula.
- The administration sanctioned a North Korean trading firm for profiting from criminal activities that underwrite Pyongyang’s nuclear and missile programs.
- Washington is offering rewards for information on seven North Korean nationals suspected of orchestrating illicit revenue schemes.
- Officials are focused on disrupting overseas IT labor deployment, cryptocurrency theft, counterfeit goods trafficking and oil smuggling networks.
- U.S. policymakers view cutting these funding streams as essential to reviving stalled denuclearization negotiations following the 2019 summits.