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Venezuela

U.S. Expands Sanctions Against Venezuela Into an Embargo

8/5/19
from The Wall Street Journal,
8/5/19:

New measures mark a significant escalation of pressure against the regime of President Nicolás Maduro and countries including Russia and China that continue to support him.

The Trump administration imposed a total economic embargo against the government of Venezuela, a significant escalation of pressure against the regime of President Nicolás Maduro and countries including Russia and China that continue to support him, a senior administration official said. President Trump late Monday signed an executive order freezing all government assets and prohibiting transactions with it, unless specifically exempted, the first action of its kind against a government in the Western Hemisphere in more than 30 years. The move places Venezuela on a par with North Korea, Iran, Syria and Cuba, the only other countries currently under such stringent U.S. measures.

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