U.S.-Venezuela relations will probably deteriorate under Trump. Ask ExxonMobil why

Timothy M. Gill writes: President-elect Donald Trump recently nominated ExxonMobil CEO Rex Tillerson to be secretary of state. That company and Venezuela have been hostile toward each other over the past decade — which means Tillerson’s nomination suggests that the United States and Venezuela have a tense relationship ahead.

Venezuela is in a stunning economic crisis, with triple-digit inflation, scarce food and medicine, and a weakening currency. The Venezuelan government blames all this on “economic war” waged by the United States and the Venezuelan opposition.

Over the past two decades, the United States and Venezuela have had a difficult relationship. Since the 1998 election of Hugo Chávez as president, Venezuela has criticized U.S. foreign policy, including the “war on terror”; promoted socialist and left-wing governments throughout Latin America; and sought to create a multipolar world by embracing anti-U.S. leaders in Belarus, Cuba, Iran and Russia. [Continue reading…]

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