(Bloomberg) -- The U.S. government will announce new steps against the Venezuelan government as it ratchets up pressure on Nicolas Maduro to leave power, U.S. National Security Adviser John Bolton said.

Bolton said he’ll detail the “sweeping” new measures when he speaks at a conference in Lima Tuesday where U.S. Commerce Secretary Wilbur Ross is also due to speak. The measures will have “a lot of potential consequences” for Maduro’s regime, Bolton told reporters in Lima.

Bolton said Maduro’s government is feeling the pressure of U.S. sanctions on his regime and said he was optimistic about the prospects for a change in government that will make way for new elections. The U.S. is opposed to new elections while Maduro remains in power, he said.

The U.S. wants a peaceful transition, he added, though he restated U.S. President Donald Trump comments that all options are on the table, including military action.

To contact the reporter on this story: John Quigley in Lima at jquigley8@bloomberg.net

To contact the editors responsible for this story: Juan Pablo Spinetto at jspinetto@bloomberg.net, Bruce Douglas

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