President Trump signed an executive order late Monday imposing a full economic embargo against Venezuela, freezing all government assets in the US and forbidding all transactions of any Venezuelan officials.
This is the first major expansion of sanctions against a western
hemisphere nation by the US in over 30 years, and is intended to put
Venezuela into the same level of economic isolation as similarly
restricted Cuba, Iran, North Korea, and Syria.
The order cites human rights abuses, and the fact that President Maduro
is still in power in Venezuela, even though the US recognized opposition
leader Guaido as the rightful ruler of the country.
This is the latest US effort to try to impose regime change in
Venezuela, after a failed military coup earlier this year. It’s not
clear how broadly the US intends to enforce the sanctions, for example
if they intend to use military force to prohibit naval trade from the
Venezuelan coast
Trump Imposes Economic Embargo on Venezuela
US will freeze all Venezuelan assets
Join the Discussion!
We welcome thoughtful and respectful comments. Hateful language, illegal content, or attacks against Antiwar.com will be removed.
For more details, please see our Comment Policy.
