U.s President Donald Trump has ordered a freeze on all Venezuelan government’s assets in the United States and barred transactions with its authorities due to the “continued usurpation of power” by President Nicolas Maduro.
It is an action by Trump’s administration to remove Maduro since it recognized opposition leader Juan Guaidó as Venezuela’s rightful leader in January.
he said in a statement:
“All property and interests in property of the Government of Venezuela that are in the United States … are blocked and may not be transferred, paid, exported, withdrawn, or otherwise dealt in,” according to the executive order released by the White House.
“The apparent goal is to give the U.S. the ability to apply the law beyond its borders to allies of Maduro like China, Russia, Cuba, Iran and Turkey,” said Russ Dallen, the Miami-based head of Caracas Capital Markets brokerage.
U.s President Trump has ordered a freeze on all Venezuelan
“Should those foreign entities continue doing business with Maduro they can have their U.S. assets seized.”
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