NEW: White House announces new sanctions on major Venezuelan bank. The announcement comes shortly after Pres. Trump tweeted he was cancelling newly announced sanctions intended to target North Korea.
"It was announced today by the U.S. Treasury that additional large scale Sanctions would be added to those already existing Sanctions on North Korea," Trump tweeted after arriving at his Mar a Lago club in Florida. "I have today ordered the withdrawal of those additional Sanctions!"
White House press secretary Sarah Sanders confirmed the president's announcement in a statement, citing his personal friendship with the North Korean dictator. The Treasury Department just Thursday had announced the round of sanctions targeting two Chinese shipping companies that it said have helped North Korea evade sanctions.
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