The Venezuelan government criticized the recent U.S. imposition of a 25% tariff on Venezuelan oil and gas, labeling it arbitrary and a sign of desperation. President Nicolas Maduro's government has maintained a fragile negotiation stance with the U.S. despite ongoing tensions. The government's remarks specifically target Trump, while also condemning the opposition for supporting sanctions. Furthermore, Venezuela aims to enhance its trade with China and India amidst these challenges, as tariffs threaten its primary economic lifeline.
The Venezuelan government condemned Trump's announcement of a 25% secondary tariff on oil and gas, calling it arbitrary, illegal, and a sign of desperation.
Despite initial engagement efforts, Trump's administration escalated pressure on Venezuela through sanctions and tariffs, signaling a breakdown in potential negotiations.
Venezuela's statement characterized the opposition as 'the fascist right' and accused them of promoting sanctions to undermine the country's stability.
Amidst U.S. sanctions, Venezuela continues to seek economic partnerships, particularly with China and India, for its oil and gas exports.
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