Overview
- President Trump announced that Venezuela committed to use revenue from a new bilateral oil deal exclusively for American-made products.
- The statement was posted on Truth Social on Jan. 7 and was later shared by the White House account on X.
- Purchases identified by Trump include U.S. agricultural goods, medicines, medical devices, and equipment to upgrade Venezuela’s electrical and energy infrastructure.
- The administration describes the agreement as part of a strategy to reorder Venezuela’s economy and its international ties.
- Coverage places the announcement in the context of a rapid reset in relations after reporting that U.S. forces captured and removed Nicolás Maduro on Jan. 3.