Trump’s Détente With Venezuela
Trump’s corollary to the Monroe Doctrine – “speak loudly AND carry a big stick” – has not been applied full force on Venezuela…as of yet. Instead the new administration appears to be testing a more nuanced approach. In his first administration, he succeeded in crashing the Venezuelan economy and creating misery among the populace but not in the goal of changing the “regime.”
Back in 2019, the Bolivarian Revolution, initiated by Hugo Chávez and carried forward by his successor, current Venezuelan President Nicolás Maduro, was teetering on collapse under Trump’s “maximum pressure” offensive.