Venezuela

Latam Insights Encore: Trump’s Secondary Tariff Strategy Against Venezuela: Killing a Fly With a Nuke

Latam Insights Encore: Trump’s Secondary Tariff Strategy Against Venezuela: Killing a Fly With a Nuke

Leave a Comment / Economics, Op-Ed, Sanctions, Venezuela /

Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and crypto news from the past week. This edition examines how the Trump administration’s newfound secondary tariff strategy and its application against Venezuela might inflict lots of collateral damage. Latam Insights Encore: Trump’s Secondary Tariff Strategy Lacks Finesse, Involves Millions The […]

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Venezuelan Bolivar Plunges After Secondary Crude Tariff Regime Announcement

Venezuelan Bolivar Plunges After Secondary Crude Tariff Regime Announcement

Leave a Comment / Economics, Sanctions, USD, Venezuela /

The Venezuelan bolivar accelerated its loss against the U.S. dollar as the government faced dollar shortages amid an economic trade war. The Trump administration’s secondary trade tariff regime on Venezuelan crude is starving the country of foreign currency to inject into the national market, driving these imbalances. Secondary Tariff Announcement Prompts Steep Venezuelan Bolivar Drop

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