Alpha News

Trump: Venezuela to Purchase 'Only' American Products

Published January 8, 2026, 05:22

Donald Trump announced via Truth Social that Venezuela will use exclusively American products to pay for the oil it will purchase from the US, as part of a deal negotiated by his administration. According to Trump, the purchases will include agricultural products, pharmaceuticals, medical equipment, and materials to upgrade Venezuela's energy infrastructure. The agreement involves the sale of 30 to 50 million barrels of oil from Venezuela, with the proceeds being controlled by the US government.