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Trump Targets New Venezuelan Debt in Latest Round of Sanctions

Updated on
  • Trading in new debt by government, oil company to be banned
  • Action seeks to deny Maduro government source of financing

Mnuchin Announces New Sanctions on Venezuela

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The Trump administration barred trade of new debt issued by the Venezuelan government and its state oil company in U.S. markets and blocked dealing in some existing bonds owned by the country’s public sector to further clamp down on President Nicolas Maduro’s regime.