Loud & Clear
Escalating! Trump Declares Full-Scale Economic War Against Venezuela
- Author: Vários
- Narrator: Vários
- Publisher: Podcast
- Duration: 1:55:28
- More information
Informações:
Synopsis
On today's episode of Loud & Clear, Brian Becker and John Kiriakou are joined by Lucas Koerner, an activist and writer for VenezuelAnalysis.com.President Trump yesterday issued an executive order freezing all Venezuelan assets in the United States and prohibiting transactions with the country. The Wall Street Journal reports that the action amounts to a total economic embargo. The move puts Venezuela on par with North Korea, Syria, Cuba, and Iran as the only countries subject to such stringent US sanctions and is a direct challenge to Russia and China, which continue to trade with Venezuela. The Treasury Department yesterday labeled China a currency manipulator after the yuan weakened to less than seven to the dollar, pushing the trade dispute between Washington and Beijing to its most severe point yet. The US action came after China said it would institute a moratorium on the purchase of US farm goods. US stock markets fell three percent yesterday. Richard Wolff, a professor of Economics Emeritus, Un