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Trump Credits Tariffs for Record US Investment, Hits Venezuela with Sanctions

President Trump asserted that U.S. tariffs have driven unprecedented investment into the country, claiming domestic manufacturing avoids tariffs entirely. Simultaneously, the Treasury Department imposed new sanctions on four companies and tankers in Venezuela's oil sector to increase pressure on President Maduro. The sanctions aim to disrupt revenue streams that allegedly support what Trump calls a "narco-terrorist" regime. These moves reflect a dual focus on economic policy and foreign pressure during the administration's final days.

Key Points: Trump: Tariffs Drive Record US Investment; New Venezuela Sanctions

  • Trump credits tariffs for record US investment
  • Sanctions target Venezuela's oil sector and shadow fleet
  • Treasury aims to cut off Maduro's revenue
  • Accusations of "narco-terrorist" regime reiterated
2 min read

US sees record investment as domestic products face no tariffs, claims Trump

Trump claims tariffs spurred trillions in US investment, while Treasury sanctions Venezuela's oil sector to pressure Maduro's "narco-terrorist" regime.

"The United States has set a World Record on investments... This is singularly because of TARIFFS. - Donald Trump"

Washington, DC, January 1

US President Donald Trump on Wednesday claimed that tariffs have helped drive record investment into the country.

He added that companies are establishing factories and businesses across the country "at a level never seen before" because domestically manufactured products face no tariffs.

In a post on Truth Social, Trump wrote, "The United States has set a World Record on investments being made into a Country, and it is Trillions of Dollars more than number two, China. This is singularly because of TARIFFS, and the fact that if you make your product in the U.S., there ARE NO TARIFFS. Hence, factories and businesses are being built all over our Country - At a level never seen before. Congrats to the USA on this incredible achievement"

Meanwhile, the United States Department of the Treasury on Wednesday (local time) imposed sanctions on four companies operating in Venezuela's oil sector and identified four oil tankers as blocked property, according to an official release.

The move is part of President Donald Trump's renewed efforts to increase pressure on the Venezuelan President Nicolas Maduro.

The sanctions announced on Wednesday are aimed at four companies and their linked oil tankers, which are accused of being involved in the transport of Venezuelan oil.

"President Trump has been clear: We will not allow the illegitimate Maduro regime to profit from exporting oil while it floods the United States with deadly drugs," Secretary of the Treasury Scott Bessent said in a release.

"The Treasury Department will continue to implement President Trump's campaign of pressure on Maduro's regime," the release read.

Trump has alleged that Venezuelan President Nicolas Maduro heads what he describes as a "narco-terrorist" regime aimed at destabilising the United States, a claim that was reiterated in the latest sanctions announcement.

As per the official notice, these vessels, some of which are part of the shadow fleet serving Venezuela, continue to provide financial resources that fuel Maduro's illegitimate narco-terrorist regime."Maduro's regime increasingly depends on a shadow fleet of worldwide vessels to facilitate sanctionable activity, including sanctions evasion, and to generate revenue for its destabilising operations. Today's action further signals that those involved in the Venezuelan oil trade continue to face significant sanctions risks," the release read.

- ANI

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Reader Comments

P
Priya S
"World Record on investments" sounds like a typical Trump exaggeration 🇺🇸. But the core idea is correct - if you make it easy for companies to produce locally, they will invest. Our government should take note and reduce the red tape for Indian manufacturers. That's the real barrier here.
R
Rohit P
The sanctions part is concerning. One country imposing its will on another's oil trade under the "narco-terrorist" label. Reminds me of how powerful nations sometimes act. Hope India maintains its independent foreign policy and doesn't get pressured into such moves.
S
Sarah B
As someone working in trade, tariffs are a double-edged sword. They protect local jobs but make goods expensive for consumers. The US can afford this policy because of its economic size. For a developing economy like India, we need a more balanced approach with strategic partnerships.
V
Vikram M
Good for them. But let's see if this "record investment" translates to stable, long-term jobs or just temporary factory setups. The real test is in 5 years. Also, mixing trade policy with sanctions on Venezuela in one announcement is classic political messaging. Focus on one thing at a time!
K
Kavya N
Every country has the right to secure its borders and economy. If the US feels drugs are coming from Venezuela, they will act. India faces similar challenges. On tariffs, it's a simple logic: produce locally, save on import taxes. We should encourage this mindset more in our youth. 👍

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