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US tightens sanctions against Venezuela, Trump considers full embargo

2019-08-06T02:12:45.972Z

The United States has imposed further sanctions on Venezuela with the aim of putting pressure on the government of incumbent President Nicolás Maduro.


The United States has imposed further sanctions on Venezuela with the aim of putting pressure on the government of incumbent President Nicolás Maduro.

The American president Donald Trump signed an executive decree on Monday evening (American time) to freeze all assets of the South American country.

"All assets, funds and transactions of the Venezuelan government that are managed by the United States are blocked with this", the decree states.

The heavy measures that the US is now imposing on Venezuela were previously only imposed on North Korea, Iran, Syria and Cuba. Trump would even consider placing a complete embargo around Venezuela.

Venezuela has been in a political crisis for months because of demonstrations against Maduro. Opposition leader Juan Guaido has declared himself the country's interim president and is recognized in it by many countries, including the United States and the Netherlands.

However, Maduro, supported by Russia and China, among others, has not resigned yet.

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Venezuela crisis: Why US supports Guaidó and Russia does not

Source: nunl

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