The Briefing Room
General Category => World News => Topic started by: Suppressed on August 01, 2017, 03:05:48 am
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U.S. slaps sanctions on Venezuelan president Maduro
By Donna Borak and Patrick Gillespie July 31, 2017: 6:04 PM ET
http://money.cnn.com/2017/07/31/news/economy/treasury-venezuela-president-sanctions/index.html
The Treasury Department slapped sanctions on Venezuelan President Nicolas Maduro Monday, sending a clear signal of the Trump administration's opposition to his regime.
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Beginning on Monday, all of the Venezuelan's president's assets that are subject to U.S. jurisdiction will be frozen. All U.S. citizens are also barred from dealing with him, according to Treasury.
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A Treasury spokesman told CNNMoney Monday's action will "impose real costs -- no U.S. person can do business with sanctioned individuals, and sanctioned individuals are denied access to the U.S. financial and commercial systems."
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Trump's decision to sanction Maduro is not as severe as broader economic sanctions on Venezuela's oil industry. Oil is Venezuela's primary source of income. Senior administration officials hinted Sunday that broader sanctions might be coming. Yet Mnuchin declined to comment Monday on whether the U.S. is considering further sanctions.
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Last week, the Trump administration imposed sanctions on 13 government and military officials tied to Maduro (http://money.cnn.com/2017/07/26/news/economy/us-sanctions-venezuela-maduro/index.html). Mexico and Colombia followed with sanctions on the same individuals.
Excerpt.
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Is this official, it isn't in his Twitter Feed yet?