Chang, Semoon

Abstract
The U.S. economic sanctions against North Korea began on June 28, 1950, when the U.S. invoked a total embargo on exports to North Korea on the basis of the U.S. Export Control Act of 1949. Since that time, North Korea’s digressions have violated at least 15 more U.S. laws, although some such as the Trade Agreement Extension Act of 1951 under which the most favored nation (MFN) tariffs are banned on North Korea’s exports to the U.S. and the Export Administration Act of 1979 under which North Korea was branded as a terrorist state are more important. This paper focuses on the status and analysis of existing U.S. economic sanctions against North Korea based on the hypothesis that North Korea’s policies in the past have crossed the paths of many U.S. laws that automatically invoked economic sanctions, apparently much like a bewildered animal stepping on a hunter’s trap. North Korea’s trade deficit since 2000 is not sustainable, foreshadowing further turmoil in its relations with South Korea and the United States.
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