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Trump Freezes All Venezuelan Government Assets In U.S.

The Hindu

|

August 07, 2019

President says he’s considering a quarantine of the South American nation.

Trump Freezes All Venezuelan Government Assets In U.S.

President Donald Trump imposed a freeze on all Venezuelan government assets in the U.S. on Monday, sharply escalating an economic and diplomatic pressure campaign aimed at removing socialist President Nicolas Maduro from power.

The executive order signed by Mr. Trump goes well beyond the sanctions imposed in recent months against Venezuela’s state-run oil company PDVSA and the country’s financial sector, as well as measures against dozens of Venezuelan officials and entities.

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