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Venezuela s Maduro receives harsh economic blow from an unlikely source: China

A recently approved Chinese tax might translate into a severe economic blow to the Nicolás Maduro regime by almost doubling the importing cost of the oil that Venezuela sells in violation of the U.S. sanctions, analysts said. The Chinese government is set to start collecting the $30 to $40 per barrel tax on June 12, in a step announced as an environmental measure that penalizes the imports on .

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