It's called economic sanctions. You can call it tariffs or any other thing you want to. Here is just the latest
US Imposes Economic Sanctions on Venezuela
On August 24, 2017, President Trump signed an Executive Order (“Order”) imposing additional sanctions on Venezuela. The Order states that these sanctions, which primarily target the Government of Venezuela and the Venezuelan oil industry, are in response to the deepening political and humanitarian crisis in Venezuela. The Order adds to a growing list of restrictions that apply to Venezuela, which is already subject to a US arms embargo and US licensing requirements on exports and reexports of specific categories of goods, software, and technology to military end-users or for military end-uses in Venezuela. The Order also follows the designation as Specially Designated Nationals of various Venezuelan government officials (including President Nicolas Maduro) pursuant to Executive Order 13692 of March 8, 2015
https://www.treasury.gov/resource-center/sanctions/Programs/Documents/13692.pdf
Executive Order 13692 of March 8, 2015
Section 1. (a) All property and interests in property that are in the United States, that hereafter come within the United States, or that are or hereafter come within the possession or control of any United States person of the following persons are blocked and may not be transferred, paid, exported, withdrawn, or otherwise dealt in
This is from the United States Government by way of Executive Orders from two presidents. But it doesn't mention the root cause where there was years of refusal to sell refinery equipment to be used in Venzuela or drilling equipment of any kind. The US and European Oil Companies affected a freeze of those sales even when they did not own those companies. Since the major income for Venzuela was oil, the economics started going down each year as the systems broke down. Plus, Venzuela refused to use the US Dollar Standard and that meant that the World Bank would not do business with them. The previous purchaser of their oil, being the US, refused to purchase oil from them in any product. It was either do business with the very companies that drained Venzuela dry before and caused over a 50% poverty rate or they would not do business with anyone. That is what initially caused the mess. Meduro isn't the brightest bulb in the pack. And he feels the US is bullying him and he is right. As it stands now, the US needs to stop with the bullying and Meduro needs to go on a long vacation. The US and it's heavy support of the Oil Companies are as much to blame for this mess as Meduro.
IN 2016 your hero Obama placed sanction only on specified individuals in the Venezuelan government. How would that affect the general population?
Trump didn't impose any sanctions until 6 months ago. Venezuelans began starving long before that.
Venezuela is an economic basket case because of the Chavez and Maduro regimes, not because of the USA. That couldn't be more obvious.
The US Government backed to Oil Companies denying Venzeual the ability to operate the oil fields and refineries. It has been going on for a couple of decades. These are the same oil companies that worked with the rich capitalists that stripped Venzuala of their entire economy that brought the original Revolalution into being in the first place. That "Wonder" years that you keep pointing was wonderful for the unlta rich but the average person was hungry, ill educated, unemployed and less. This is why they were sent packing. Unchecked Capitalism without any regulation means that this is what happens. As I said, Chavez could handle it but after he died, Meduro isn't a pimple on Chavez's ass. There was only one Chavez. He used socialism to put things back on track and prevented the corruption from returning. Meduro didn't know how to do that so he ended up moving to Dictatorship. The other option was to have another revolution. And that is still an option.
You keep not allowing Capitalism to accept it's role in this disaster. Unchecked Socialism used as a Government is just as bad as unchecked Capitalism used as a Government and both end up disasters. Neither one can be used for a Government.
That's the usual load of leftists horseshit when their god socialism is criticized. Most of the countries in the world are full of people who are hungry, ill educated and unemployed. Blaming the adoption of socialism on that is a diversion.
Capitalism isn't what causes poverty. The lack of capitalism is what causes poverty. The government's of all third world countries are profoundly corrupt. Whenever someone tries to start a business, there's a mountain of paper work and regulations to wade through, and then there is a line of government officials with their hands out.
Chavez didn't put things back on track. He sent the Venezuelan economy swirling down the toilet bowl. Things looked good to the poor for a short period while Chavez was looting the country's wealth, but the birds came home to roost, and when the money was all gone, they began starving. That's what always happens under socialism/communism.
Yeah, it's the fault of capitalism that Chavez ran off the people with the technical know-how to find and produce oil. What a laugh. Funny how that never happens under capitalism.
