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US to reimpose oil sanctions on Venezuela: officials
US to reimpose oil sanctions on Venezuela: officials
by  AFP

The United States is to snap back sanctions on Venezuela's crucial oil industry after President Nicolas Maduro's government continued its "repression" of opponents, US officials said Wednesday. "The areas in which they've fallen short include... what we see as a continuing pattern of harassment and repression against opposition figures," the official added.

ASML shares dive on lower profits, orders
ASML shares dive on lower profits, orders
by  AFP

Shares in Dutch tech giant ASML, which supplies chip-making machines to the semiconductor industry, slumped Wednesday after the firm reported a drop in net profits and orders amid a high-tech trade spat between China and the West. ASML announced this year that it had been blocked from exporting "a small number" of its advanced machines to China, amid reports of US pressure on the Dutch government.

Biden pushes to triple tariffs on Chinese steel, aluminum
Biden pushes to triple tariffs on Chinese steel, aluminum
by  AFP

US President Joe Biden is urging a tripling of tariffs on Chinese steel and aluminum as he visits Pittsburgh Wednesday, citing "unfair competition" while seeking to win blue-collar votes in November's election. Both Biden and his election rival Donald Trump are competing for vital blue-collar voters, promising to revive American manufacturing.