Venezuela national assembly greenlights economic emergency decree
ReutersApr 10, 2025 8:53 PM
April 10 (Reuters) - Venezuela's national assembly on Thursday passed a decree proposed by President Nicolas Maduro's government to declare a state of economic emergency in response to U.S. sanctions and tariffs.
In March, the administration of U.S. President Donald Trump began suspending authorizations for oil companies operating with Venezuela's state-owned PDVSA and imposed secondary tariffs on crude oil and gas exports.
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