(Bloomberg) -- President Donald Trump said he may order a blockade of Venezuela, where the U.S. has sought to depose President Nicolas Maduro.
“Yes, I am,” Trump told reporters Thursday after he was asked whether he was considering a blockade or quarantine. He didn’t elaborate in brief remarks as he departed the White House for a campaign rally in Cincinnati.
The Trump administration has thrown its support behind National Assembly head and opposition leader Juan Guaido, who is recognized by about 50 nations as the rightful interim leader of the South American country.
Talks between the Maduro regime and the opposition have made little progress due to an impasse over Guaido’s demand for fresh elections. Despite Venezuelans’ widespread dissatisfaction with their government, divisions within the opposition are complicating the push toward a post-Maduro administration.
U.S. Commerce Secretary Wilbur Ross outlined plans to rebuild Venezuela’s financial institutions and infrastructure on Thursday in a speech to Latin American business executives in Brasilia.
“Venezuela will continue to deteriorate until the internationally-recognized government of Juan Guaido implements needed economic, political and social reforms,” Ross said.
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