President Donald Trump waves as he walks to Marine One on the South Lawn the White House, Tuesday, Sept. 26, 2017, in Washington. Trump is headed to New York. (AP Photo/Alex Brandon)
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New U.S. sanctions will punish eight North Korean banks and 26 bank workers living abroad, the Trump administration announced Tuesday, in the first use of new sanctioning powers granted by President Donald Trump. The sanctions rely on an executive order Trump signed last week to target North Korea's access to the international banking system. They come as the United Nations has also recently passed its toughest sanctions package targeting North Korea.The eight banks targeted by the new sanctions are all in North Korea.
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