Powered by

Trump freezes Venezuela gov't assets in escalation

Aug 06, 2019 - Associated Press

WASHINGTON (AP) - The Trump administration froze all Venezuelan government assets Monday in a dramatic escalation of tensions with socialist leader Nicolás Maduro, who has stubbornly clung to power in the face of mounting international pressure.

The ban on Americans doing business with Venezuela's government takes effect immediately. An executive order signed by President Donald Trump justified the move by citing Maduro's continued "usurpation" of power and human rights abuses by groups l...