Skip to main content
Trump piles on the pressure for ‘regime change’ in Venezuela
Further sanctions on Venezuela are illegal, writes TIM YOUNG
Maduro

US PRESIDENT Donald Trump has imposed sweeping new sanctions on Venezuela, this time focused on the gold sector.

These latest sanctions aim to attack Venezuela’s gold production and trade and deny it hard currency to pay for the import of food and medicines.

Venezuela has extensive gold reserves, estimated as the second largest in the world. New gold-processing plants currently being installed to handle production from the country’s 32 gold fields are predicted to bring in about $5 billion in 2019. 

Liberation webinar, 30 November2024, 6pm (UK)
Support the Morning Star
You have reached the free limit.
Subscribe to continue reading.
More from this author
NEW INDIGNITIES FROM THE NEW TRUMP REGIME: Family members ho
Features / 27 March 2025
27 March 2025
Two months into Donald Trump’s second run as president, what can we glean about his policies towards Latin America so far, asks TIM YOUNG, ahead of this Saturday’s Socialism or Barbarism day school in London
FIRM REBUFF TO SEDITION: National Assembly President Jorge R
Features / 6 December 2024
6 December 2024
The new ‘Bolivar’ Act expands the brutal sanctions programme as the Trump team signals a return to aggressive regime change and foreign mercenaries plot insurrection and assassination, writes TIM YOUNG
An image of Republican presidential nominee former President
Features / 12 November 2024
12 November 2024
TIM YOUNG warns that the president-elect’s record of economic and political interference from his last stint in the White House show dangerous potential for escalated aggression against the Bolivarian government from 2025
President of Honduras Xiomara Castro delivers a speech durin
Features / 10 September 2024
10 September 2024
The left-wing president’s bold move counters the US ambassador’s threats and growing fears that a coup from Washington is being planned — but international solidarity is needed, writes TIM YOUNG