“In the last several decades, financial and economic sanctions have become a key tool of U.S. foreign policy. The Trump administration has made particularly heavy use of this tool, especially in its efforts to induce regime change in Venezuela and Iran. On March 21, for instance, National Security Adviser John Bolton tweeted that unless Venezuelan President Nicolás Maduro relinquishes power, ‘he and his cronies will be strangled financially.’ The next day, the White House announced sanctions against one major Venezuelan bank and four of its subsidiaries, stating that the United States ‘will continue to take steps to pressure Maduro, his regime, and those who support him, until they step out of the way and allow a democratic transition to occur…'”
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