Tag: foreign

Question: Is the Trump Administration Running Venezuela?

In the late night of January 2nd and early morning hours of January 3rd, the U.S. Military successfully abducted Nicolas Maduro from his residence in Caracas, Venezuela. Maduro has now been extradited to New York to stand trial for various criminal charges being brought against him in that State. The former Vice President of Venezuela, Delcy Rodriguez, has now been sworn in as President of Venezuela while President Trump has suggested that a second wave of military strikes could take place if the Venezuelan Government fails to comply with the Trump Administration’s demands. Trump has suggested that U.S. companies will soon gain access to and jurisdiction over Venezuelan oil resources which will then be leveraged for the benefit of both the United States and Venezuela. So, is the Trump Administration in control of Venezuela and its vast oil reserves?

President Trump’s Terrific Tariffs, Oversimplified

President Trump’s April 2, 2025 tariff announcement imposes a 10% tax on imported goods, leading to increased prices for U.S. consumers and potential losses of $3,800 per household. While tariffs raise federal revenue, they may also encourage domestic production if U.S. goods can compete with cheaper foreign options. Protests against tariffs are expected as consumers react to rising costs.