Outside the Box
A spike in diesel oil prices could make goods and materials more expensive to deliver — risking higher inflation
Published:
U.S. forces arrested Nicolás Maduro, the former strongman of Venezuela, in a consequential raid in Caracas. The raid on Saturday is part of the “Trump Corollary” to the Monroe Doctrine of the 1820s. The U.S. is asserting itself across the Western Hemisphere and, Trump says, is even considering a plan to “run” Venezuela.
If the Trump administration follows through on this pledge to run Venezuela, it must be prepared to address the affordability issues for U.S. consumers and inflation risks for businesses and investors that will likely arise.
