"But he's consistently carved out an exception for Venezuela because of its proximity and possession of the world's largest oil reserves. The big picture: "We're going to run it, essentially, until such time that we can do a safe, proper and judicious transition," Trump said Saturday at Mar-a-Lago, outlining plans for U.S. oil companies to invest billions in Venezuela's infrastructure."
"In 2016, Trump promised in his first foreign policy campaign speech, "We're getting out of the nation-building business and instead focusing on creating stability in the world." Just before taking office the first time, in December 2016, he said, "We will stop racing to topple foreign regimes that we know nothing about, that we shouldn't be involved with." More recently, at the Libertarian Party convention in 2024, Trump said, "We believe that the job of the United States military is not to wage endless regime change, wars around the globe, senseless wars."
An exception is carved out for Venezuela because of its proximity to the United States and possession of the world's largest oil reserves. Plans call for U.S. entities to operate Venezuela's oil industry and for U.S. oil companies to invest billions in Venezuelan infrastructure until a safe, proper and judicious transition. The policy, labeled the 'Donroe Doctrine,' asserts American dominance in the Western Hemisphere. The approach mirrors post-invasion strategies with a U.S. military presence protecting economic interests, U.S. oversight of government functions, and promises of an eventual transition to local control. Previous public statements rejected broad nation-building yet consistently excluded Venezuela and did not rule out military action.
Read at Axios
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