“The apparent goal is to give the U.S. the ability to apply the law beyond its borders to allies of Maduro like China, Russia, Cuba, Iran and Turkey,” said Russ Dallen, the Miami-based head of Caracas Capital Markets brokerage. “Should those foreign entities continue doing business with Maduro they can have their U.S. assets seized.”
Venezuelan opposition leader Juan Guaido said on Tuesday he had begun the “final phase” of his plan to oust President Nicolas Maduro, calling on Venezuelans and the military to back him to end Maduro’s “usurpation.” A Reuters journalist later saw security forces firing tear gas at Guaido and around 70 mostly young armed men in military uniform outside the La Carlota air force base in Caracas. Hundreds of civilians also joined the group.
But around two hours after Guaido tweeted his announcement, there was no sign of any other military activity, and the government dismissed any suggestion of an insurrection.
“We reject this coup movement, which aims to fill the country with violence,” said Defence Minister Vladimir Padrino.