Trump amps up Venezuelan crackdown, sanctions gold exports with executive order

Share:

President Trump is continuing to put pressure on the government of Venezuela’s leftist President Nicolas Maduro, introducing a new round of sanctions designed to further rattle the embattled South American country’s oil exports.

Trump’s National Security Adviser John Bolton revealed that the president signed an executive order on Thursday to prohibit anyone in the U.S. from doing business with entities and individuals involved with “corrupt and deceptive” gold dealings from Venezuela, declaring that the Maduro regime “has used this sector as a bastion to finance illicit activities, to fill its coffers, and to support criminal groups.”

Bolton made the revelations late last week while addressing a crowd of mostly Cuban-Americans and other Hispanics at the Freedom Tower in Miami, Florida – the place where Cuban refugees were embraced in the 1960s in the aftermath of Fidel Castro’s revolt.

The new sanctions only add to the already thick slate of restrictions – of which 70 Venezuelan individuals and entities, including the president and his wife, are banned from traveling to the U.S. or doing business with Americans or American companies. – READ MORE

Share:

2021 © True Pundit. All rights reserved.