Trump Says Venezuela Will Spend Oil Deal Revenue Only on American‑Made Goods, Boosting US Industries

Washington, Jan 2026 : President Donald Trump announced that Venezuela has agreed to use proceeds from a new US‑brokered oil deal to purchase exclusively American‑made products, a development he described as a major economic realignment that will benefit US manufacturers, farmers, and exporters.

In a post on his social media platform Truth Social, Trump said he had been informed that Caracas will spend the money it receives from the oil arrangement on US goods across multiple sectors, including American agricultural products, medicines, medical devices, and equipment to upgrade Venezuela’s electricity grid and energy infrastructure.

“I have just been informed that Venezuela is going to be purchasing ONLY American‑Made Products, with the money they receive from our new Oil Deal,” Trump wrote, calling the shift in trade orientation a “wise choice” that will benefit both the people of Venezuela and the United States.”

Trump said the purchases are expected to include items intended to address long‑standing weaknesses in Venezuela’s infrastructure, particularly its electric grid and energy facilities, which have suffered frequent outages and decline in recent years. By tying Venezuelan spending to US‑made goods, he presented the deal as a boost for American industries while also helping to address essential needs in Venezuela.

The announcement follows Trump’s broader strategy of taking control of Venezuelan oil sales under a new framework that puts exports and revenues under US oversight. The arrangement reportedly includes Venezuelan authorities agreeing to transfer between 30 and 50 million barrels of sanctioned oil to the United States, to be sold at market prices, with the revenue controlled by Washington.

Trump framed the new purchasing commitment as a strategic realignment, positioning the United States as Venezuela’s principal economic partner after years in which Caracas relied on trade with other global powers. Under previous arrangements, Venezuela maintained strong oil trade ties with countries like China and other non‑Western partners.

In his Truth Social post, Trump said Venezuela’s commitment to buying American goods underscores a significant shift in the South American country’s economic partnerships, adding that it will provide a major lift to American farmers, manufacturers, and medical suppliers. He also suggested that proceeds from the oil sales could support improvements in Venezuela’s energy infrastructure, a sector that has been plagued by failures.

While the details of how the purchases will be implemented and which companies or sectors will benefit most were not specified, the announcement indicates a closer economic interdependence between the United States and Venezuela. If realized, the deal could strengthen US exports and shift parts of Venezuela’s import portfolio toward American products, marking a substantial change in trade dynamics.

Observers note that this development also reinforces the United States’ broader geopolitical strategy in Latin America, as Washington seeks to reassert influence over Venezuela’s vast oil resources while curbing the reach of rival powers.

(The content of this article is sourced from a news agency and has not been edited by the Mavericknews30 team.)