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Eli Lake

Trump’s Hollow New Venezuela Sanctions

The latest restrictions will have bite only if the Treasury Department follows through.

Blackout in Caracas.

Blackout in Caracas.

Photographer: picture alliance/picture alliance

To hear National Security Adviser John Bolton tell it, the U.S.’s new sanctions on Venezuela are meant to finally bring Nicolas Maduro to his knees.

At a conference in Lima, Peru, this week, Bolton said the sanctions would target foreign concerns that continue to do business with Maduro’s despotic regime, risking their access to U.S. markets. These are the same kinds of penalties imposed on Iran and Cuba, or as Bolton calls it, “the club of rogue states.”