US Foreign Policy Impasse Over Venezuela
The seamless official policy of the Trump and Biden administrations has been that Juan Guaidó is Venezuela’s “interim president.” The US is thusly caught in the self-inflicted fiction of having to deal with a powerless puppet because it does not accept the democratically elected Nicolás Maduro. Although Trump has at least retreated to Mar-a-Lago, Guaidó keeps on asking to be invited to the party, much to Biden’s embarrassment.
A related conundrum of its own making is the US sanctions on Venezuela’s oil industry and at the same time needing the fuel. It wasn’t so long ago that Venezuela supplied the US with a significant amount of its daily petroleum consumption. Now Uncle Sam finds himself confronted with price inflation at the gas pump and the inevitability of negotiating with a government it does not recognize.