Supply Chain Research

Prospects for a normalization North Korea’s relations with the rest of the world and removal of trade sanctions may have dimmed. North Korea has ended liaison office operations with South Korea after the U.S. sanctioned two Chinese logistics firms for bypassing trade restrictions. That may overshadow relations between President Donald Trump – who has blocked more extreme sanctions – and President Xi Jinping during ongoing trade negotiations. Sanctions appear to be holding with China’s bilateral trade with North Korea down 10.0% year after year in the first two months of 2019, though a t...