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Venezuela Commits to Buying American Goods in Oil Deal: Trump

Last updated: January 8, 2026 11:48 pm
By Kimberly Hayek
1 Min Read
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Venezuela Commits to Buying American Goods in Oil Deal: Trump

President Donald Trump at his Mar-a-Lago club in Palm Beach, Fla., on Dec. 29, 2025. Joe Raedle/Getty Images

U.S. President Donald Trump announced Wednesday that Venezuela has committed to buying exclusively American-made products with revenues from a newly created oil agreement with the United States.

The arrangement, detailed by Trump on his social media platform Truth Social, represents a significant step in bilateral economic links following the capture of Venezuelan leader Nicolás Maduro, who is now facing federal drug trafficking charges in New York City.

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TAGGED:AmericasBusinessEconomic PoliciesEnergyGlobalInternationalUSUS NewsUS PoliticsUS-Venezuela TensionsWorld News
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