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Trump Signs Sanctions Aimed Squarely at Venezuelan Government

Trump Signs Sanctions Aimed Squarely at Venezuelan Government | 25 Aug 2017 | President Trump is imposing a new round of economic sanctions that are aimed squarely at choking off money to Venezuelan President Nicolas Maduro's government but "carefully calibrated" to preserve U.S. oil imports from the South American country, according to the White House. The latest sanctions -- the fourth round in recent weeks -- are the first to move beyond freezing the assets of individuals and target the government itself. The executive order signed by Trump bars U.S. institutions from buying new debt issued by the Venezuelan government or from the state-owned oil company Petróleos de Venezuela SA.