On March 25th, the Venezuelan Ministry of Foreign Affairs issued a statement on March 24th stating that it firmly opposes the US government’s imposition of a 25% secondary tariff on countries engaged in oil and gas trade with Venezuela. The announcement states that US President Trump’s unilateral imposition of tariffs is a new act of aggression that blatantly violates international trade rules such as the General Agreement on Tariffs and Trade. Venezuela will take all appropriate actions in international institutions to safeguard its rights and condemn this new violation of the world economic order.
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