WASHINGTON, Feb. 23 -- U.S. President Donald Trump on Friday announced what he called the "heaviest sanctions" on the Democratic People's Republic of Korea (DPRK), a move that came amid signs of a growing rapprochement on the Korean Peninsula.
"We imposed today the heaviest sanctions ever imposed on a country before," Trump said in an address to a conservative activist group in the state of Maryland.
The new sanctions, the "largest-ever" package on the DPRK, will target 56 vessels, shipping companies, and trade businesses, said senior Trump administration officials at a background briefing earlier in the day.
The penalty, which is part of the U.S. campaign of "maximum pressure" on Pyongyang, will designate 27 companies, 28 ships and one person, according to a statement released by the U.S. Department of Treasury.
The Trump administration has engaged in "maximum pressure" against the DPRK since assuming office in early 2017 to curb Pyongyang's nuclear and missile development program.
U.S. Treasury Secretary Seven Mnuchin pledged on Friday that Washington will impose more punishment on Pyongyang.
"We will continue as we see things that should be sanctioned, I can assure you, we will continue to roll out new sanctions," Mnuchin said at a White House briefing.
Mnuchin also noted that the United States has already slapped more than 450 sanctions against the DPRK, with about half of them launched in 2017.
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