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Trump Announces Venezuela Will Buy Only US-Made Goods in New Oil Deal

US President Donald Trump announced that Venezuela will purchase exclusively American-made products using revenue from a new oil agreement. The purchases are slated to include agricultural goods, medicines, and equipment for energy infrastructure. This announcement follows a U.S. operation that captured Venezuela's former president, Nicolás Maduro, on drug trafficking charges. A U.S. official stated the administration has "maximum leverage" over Venezuela's interim authorities, who now control the country.

Key Points: Venezuela to Purchase Only US Products Under Trump Oil Deal

  • Venezuela to buy only US products
  • Funds from new oil deal
  • Follows capture of Nicolás Maduro
  • US exerts "maximum leverage"
  • Includes agriculture and medical goods
3 min read

"A wise choice": Trump says Venezuela to purchase only American-made products

President Trump says Venezuela will buy American goods with oil deal money, following the capture of former leader Nicolás Maduro.

"Venezuela is committing to doing business with the United States of America as their principal partner - A wise choice - Donald Trump"

Washington DC, January 8

In a major announcement, US President Donald Trump said on Wednesday that Venezuela would now purchase only American-made products with the money they receive from the new oil deal.

In a post on Truth Social, the US President said that the purchases would include American agri products, medicines, medical devices and equipment to improve the electric grid and energy facilities, amongst other things.

"I have just been informed that Venezuela is going to be purchasing ONLY American Made Products, with the money they receive from our new Oil Deal. These purchases will include, among other things, American Agricultural Products, and American Made Medicines, Medical Devices, and Equipment to improve Venezuela's Electric Grid and Energy Facilities. In other words, Venezuela is committing to doing business with the United States of America as their principal partner - A wise choice, and a very good thing for the people of Venezuela, and the United States. Thank you for your attention to this matter!", he said on Truth Social.

The statement by Trump comes days after the US launched a "large-scale strike" in the Venezuelan capital of Caracas to capture the country's now former President, Nicolas Maduro, and his wife, Cilia Flores on Saturday.

Maduro and Flores were flown out of the country in a joint operation involving intelligence agencies and US law enforcement. They were indicted on charges of alleged "drug trafficking and narco-terrorism conspiracies" in the Southern District of New York, and are currently facing trial.

Following their capture, Delcy Rodriguez, the Vice President of Venezuela under Maduro, officially assumed the role of the country's acting president, according to CNN.

Earlier on Wednesday during a White House press briefing, Leavitt said that the Trump Administration is in "close correspondence" with Venezuela's interim leaders and stressed that their decisions continue to be shaped by American engagement and influence.

"The Trump Administration is in close correspondence with the interim authorities in Venezuela. We obviously have maximum leverage over the interim authorities in Venezuela right now... Their decisions are going to continue to be dictated by the United States," Leavitt said.

Earlier, Trump had also stated that the interim authorities in Venezuela would turn over between 30 and 50 million barrels of sanctioned oil to the United States and noted that while the oil will be sold at its market price, the money will be controlled by Trump to ensure it is used to benefit the people of Venezuela and the United States.

- ANI

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Reader Comments

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Priya S
If the money is truly controlled to benefit the Venezuelan people, then medical supplies and grid improvements are needed. But the optics are terrible—it looks like a colonial master dictating terms after a regime change. Hope the common people there see some real benefit and not just more debt.
D
David E
From a purely economic standpoint, locking in a captive market for US manufacturers is a smart move by Trump. It creates jobs back home. But the morality of the entire operation—capturing a foreign leader—is highly questionable and sets a dangerous precedent in international relations.
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Ananya R
"Maximum leverage" and "decisions dictated by the United States" – they're not even hiding it anymore! This is not how respectful diplomacy works. As an Indian, it reminds me why we need strong, multi-polar alliances and cannot rely on any single superpower. Our foreign policy of strategic autonomy is correct.
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Siddharth J
The part about improving the electric grid is good if it actually happens. Venezuela's infrastructure has suffered for years. But the whole arrangement feels coercive. A "wise choice" made at gunpoint is no choice at all. Hope the interim government remembers its duty to its own citizens first.
K
Kavya N
So the US gets cheap oil and a guaranteed export market. What does Venezuela get? Medicines, which are a basic need, and some infrastructure help? The power imbalance is staggering. This is a lesson for all developing nations about protecting their resources and political independence. Jai Hind!

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