Washington hits Venezuela with full economic embargo | TribLIVE.com
U.S./World

Washington hits Venezuela with full economic embargo

1505452_web1_AP19200823123709
AP
A private security guard stands next to stenciled paintings of Venezuela’s President Nicolas Maduro, left, and former President Hugo Chavez, right, in Caracas, Venezuela, Tuesday, July 16, 2019.

President Trump late Monday signed an executive order imposing a harsh, Cuba-style economic embargo on Venezuela as part of Washington’s broad push to force leader Nicolas Maduro out of power.

In a letter to Congress, Trump said the measure was necessary in light of Maduro’s “continued usurpation of power” and ongoing human rights abuses in the South American nation.

The new measures are expected to be announced Tuesday, as representatives from dozens of countries will be meeting in Peru to discuss the Venezuela crisis.

Washington has slapped more than 100 current and former Venezuelan officials with sanctions in recent years and has severely restricted Venezuelan oil and gold exports. But Monday’s measures put the country on par with Cuba, Iran, Syria and North Korea as being economically isolated by the United States.

Venezuela has called the sanctions “economic warfare” and blames the measures for its hyperinflation and food and medicine shortages. The United States and many independent observers, however, say it’s Venezuelan corruption and mismanagement that have gutted the economy.

Venezuelan officials have been warning for weeks that Washington was preparing to turn the screws. On Friday the Maduro regime went before the United Nations’ Security Council to denounce an alleged U.S. threat to “impose a naval blockade on Venezuela.” And on Monday, Maduro ally Diosdado Cabello said Trump was planning an embargo because “the Venezuelan people wouldn’t “submit to imperialism.”

The United States and more than 50 other nations recognize the head of Venezuela’s congress, Juan Guaido, as the country’s legitimate president. The deep economic, political and social crisis have forced more than 4 million people to flee in recent years — the largest migratory crisis in the Western Hemisphere.

Categories: News | World
TribLIVE commenting policy

You are solely responsible for your comments and by using TribLive.com you agree to our Terms of Service.

We moderate comments. Our goal is to provide substantive commentary for a general readership. By screening submissions, we provide a space where readers can share intelligent and informed commentary that enhances the quality of our news and information.

While most comments will be posted if they are on-topic and not abusive, moderating decisions are subjective. We will make them as carefully and consistently as we can. Because of the volume of reader comments, we cannot review individual moderation decisions with readers.

We value thoughtful comments representing a range of views that make their point quickly and politely. We make an effort to protect discussions from repeated comments either by the same reader or different readers

We follow the same standards for taste as the daily newspaper. A few things we won't tolerate: personal attacks, obscenity, vulgarity, profanity (including expletives and letters followed by dashes), commercial promotion, impersonations, incoherence, proselytizing and SHOUTING. Don't include URLs to Web sites.

We do not edit comments. They are either approved or deleted. We reserve the right to edit a comment that is quoted or excerpted in an article. In this case, we may fix spelling and punctuation.

We welcome strong opinions and criticism of our work, but we don't want comments to become bogged down with discussions of our policies and we will moderate accordingly.

We appreciate it when readers and people quoted in articles or blog posts point out errors of fact or emphasis and will investigate all assertions. But these suggestions should be sent via e-mail. To avoid distracting other readers, we won't publish comments that suggest a correction. Instead, corrections will be made in a blog post or in an article.