Sanctions fears choke nascent U.S. trade with Myanmar

By Joel Schectman, David Henry and Timothy Mclaughlin WASHINGTON/NEW YORK/YANGON (Reuters) - Western banks are cutting trade finance in Myanmar after learning that part of the country’s main port is controlled by a man blacklisted by Washington, threatening to stop nascent U.S. economic ties with the Southeast Asian nation in their tracks. U.S. shipments to Myanmar have slowed to a crawl in recent months, after several banks including Citigroup Inc, Bank of America, HSBC and PNC Financial