The Miami Herald turned to Diaz Reus Partner and sanctions expert Javier Coronado for his insight into calls for tougher sanctions against Venezuela. Get his thoughts here: “The Trump administration appears to have reverted to its “maximum pressure” policy on Maduro of Trump’s first term, despite initial signals that Chevron might be allowed to continue operating in Venezuela.
As a result, other international companies operating alongside Chevron may soon face a critical decision—whether to remain in the country, as their licenses could also be revoked.
“I believe this administration has been considering additional sanctions to intensify pressure, which is the ultimate goal of using sanctions as a policy tool,” Coronado said. “These businesses must assess the risks of staying in Venezuela, as violating sanctions carries not only civil penalties but also potential criminal consequences.”
Support grows in Venezuela for harsher sanctions against Maduro government, poll shows
