President Donald J. Trump has reversed oil concessions to the Venezuelan far-left government granted by former President Joe Biden in 2022. The America First leader cites a lack of change in electoral conditions in Venezuela and the country’s resistance to the repatriation of illegal immigrant nationals from the United States.
Trump announced the move on Truth Social on February 26, stating that his administration was canceling the concessions, which are due for review on March 1. Biden’s deal had authorized energy giant Chevron to resume natural resource extraction operations in Venezuela on a limited basis, slightly easing the U.S. embargo on the country.
The President wrote, “The regime has not been transporting the violent criminals that they sent into our Country (the Good Ole’ U.S.A.) back to Venezuela at the rapid pace that they had agreed to.”
The Venezuelan gang Tren de Aragua has been a particular target for the Trump administration and the U.S. Immigration and Customs Enforcement (ICE). During the Biden government, the gang was able to take over entire apartment buildings in American cities, sometimes extorting residents at gunpoint.
Earlier this month, the Trump White House deported nearly 200 dangerous illegals back to Venezuela. The administration has also given the green light to send migrants to Guantanamo Bay, with the first flights departing at the beginning of February.
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