BEEGE WELBORN: Trump Makes the Move on ‘Sanctioned Oil Tankers’ From Venezuela Official.
When the headlines broke late last night, I thought, wowsahs – this is an escalation.
And that while a ‘blockade’ was a dramatic move, it seemed like it would be kind of difficult to enforce on a country whose other two-thirds of borders had nothing to do with the oceanfront. There are plenty of roads in and out of Venezuela, and people who are willing to still trade with them in South America.
Maduro’s gang hasn’t reached complete pariah status yet, but, man, are they getting there quickly.
When I had a chance to read what Trump had actually announced vice breathless media chirps, it made perfect sense as the next step to ratchet up pressure on Maduro’s finances.
Read the whole thing.
I’d just add that sanctions without teeth are meaningless, and Trump’s “blockade” is finally sanctions with real teeth.