Attempted Coup And Misguided U.S. Sanctions in Venezuela

[Bacchus4.0]

4. The US is the largest partner in both exports and imports. Ven exports is mostly oil.

On the other hand, Ven imports a variety of products from the US. Food and related supplies is particularly important. The US and Colombia are the largest suppliers of food to Venezuela, while being the two countries also consistently blamed by Ven for all their problems. If either of those countries wanted to actually hurt Venezuela, they could cut off the food supply.

Ven is no longer giving away oil or heavily subsidizing oil to many of their neighbors as they need the money from their resources for themselves. The US production of oil recently has markedly reduced costs here in the US and everywhere greatly benefitting the US consumer particularly those of modest means. The Ven government does not like this and wants prices to rise.

Venezuela is nearly a failed state due to the policies of the chavista government, not the US.