Trump
Plunges the U.S. Into a New Era of Risk in Venezuela
President
Trump opened a new chapter in American nation building as he declared that the
United States had toppled Venezuela’s leader and would “run” the country for an
indefinite period.
David E.
SangerTyler Pager
By David
E. Sanger and Tyler Pager
David E.
Sanger and Tyler Pager are White House correspondents.
https://www.nytimes.com/2026/01/03/us/politics/trump-venezuela-oil-risks.html
Jan. 3,
2026
President
Trump’s declaration on Saturday that the United States planned to “run”
Venezuela for an unspecified period, issuing orders to its government and
exploiting its vast oil reserves, plunged the United States into a risky new
era in which it will seek economic and political dominance over a nation of
roughly 30 million people.
Speaking
at his Mar-a-Lago private club just hours after Nicolás Maduro, the leader of
Venezuela, and his wife were seized from their bedroom by U.S. forces, Mr.
Trump told reporters that Delcy Rodríguez, who served as Mr. Maduro’s vice
president, would hold power in Venezuela as long as she “does what we want.”
Ms.
Rodríguez, however, showed little public interest in doing the Americans’
bidding. In a national address, she accused Washington of invading her country
under false pretenses and asserted that Mr. Maduro was still Venezuela’s head
of state. “What is being done to Venezuela is a barbarity,” she said.
Mr. Trump
and his top national security advisers carefully avoided describing their plans
for Venezuela as an occupation, akin to what the United States did after
defeating Japan, or toppling Saddam Hussein in Iraq. Instead, they vaguely
sketched out an arrangement similar to a guardianship: The United States will
provide a vision for how Venezuela should be run and will expect the interim
government to carry that out in a transition period, under the threat of
further military intervention.
Even
after Ms. Rodríguez contradicted Mr. Trump, Marco Rubio, the secretary of state
and national security adviser, said he was withholding judgment.
“We’re
going to make decisions based on their actions and their deeds in the days and
weeks to come,” he said in an interview with The New York Times. “We think
they’re going to have some unique and historic opportunities to do a great
service for the country, and we hope that they’ll accept that opportunity.”
Mr. Trump
suggested on Saturday that while there were no American troops on the ground
now, there would be a “second wave” of military action if the United States ran
into resistance, either on the ground or from Venezuelan government officials.
“We’re
not afraid of boots on the ground,” Mr. Trump said. Asked who, exactly, would
be running Venezuela, he said “people that are standing right behind me, we’re
going to be running it,” pointing to Secretary of State Marco Rubio, Defense
Secretary Pete Hegseth, and the chairman of the Joint Chiefs of Staff, Gen. Dan
Caine.
Mr. Trump
paired that with a declaration that a key American goal was to regain access to
oil rights that he has repeatedly said had been “stolen” from the United
States. With those statements, the president opened a new chapter in American
nation building.
It is one
in which he hopes to influence every major political decision in Venezuela by
the presence of an armada just offshore, and perhaps to intimidate others in
the region. He repeated a warning to the president of Colombia, another country
targeted by the administration for its role in drug trafficking, to “watch his
ass.”
Mr.
Trump’s actions on Saturday cast America back to a past era of gunboat
diplomacy, when the United States used its military to grab territory and
resources for its own benefit.
A year
ago this week, he openly mused, also at Mar-a-Lago, about making Canada,
Greenland and Panama parts of the United States. Now, after hanging in the
White House a portrait of William McKinley, the tariff-loving president who
presided over the military seizure of the Philippines, Guam and Puerto Rico,
Mr. Trump said it was well within the rights of the United States to wrest from
Venezuela resources that he believes had been wrongly taken from the hands of
American corporations.
The U.S.
operation, in seeking to assert control over a vast Latin American nation, has
little precedent in recent decades, recalling the imperial U.S. military
efforts of the 19th and early 20th centuries in Mexico, Nicaragua and other
countries.
Mr. Trump
and his aides claimed they had a legal basis for the immediate action he
ordered on Friday, the extraterritorial rendition of Mr. Maduro. An indictment
that dates to 2020 charged the Venezuelan leader with a series of acts related
to drug trafficking. A refreshed indictment was published Saturday, one that
included Mr. Maduro’s wife, Cilia Flores.
But that
indictment only deals with Mr. Maduro’s alleged crimes. It did not provide a
legal basis for taking control of the country, as the U.S. president declared
he was doing.
Mr. Trump
was unapologetic about taking that step, and in his justification, he showed he
had given much thought to the oil industry.
“Venezuela
unilaterally seized and sold American oil, American assets and American
platforms, costing us billions and billions of dollars,” he said of resources
that were being pumped out of Venezuelan bedrock. “They did this a while ago,
but we never had a president that did anything about it. They took all of our
property.” He added: “The socialist regime stole it from us during those
previous administrations, and they stole it through force.”
Now, he
made clear, he was taking it back, and Americans would be compensated before
Venezuelans became, he predicted, “rich.”
But that
left many open questions. Will the United States need an occupying military
force to protect the oil sector while the Americans and others rebuild it? Will
the United States run the courts, and determine who pumps the oil?
Will it
install a pliant government for some number of years, and what happens if a
legitimate, democratic election is won by Venezuelans with a different vision
for their country?
All of
these questions, of course, could enmesh the United States into exactly the
kind of “forever wars” which Mr. Trump’s MAGA base has warned against.
When
pressed on that point, Mr. Trump dismissed it. He noted that he had been
successful in killing the leader of the Iranian Quds force, Gen. Qassim
Suleimani, in January 2020. He cited the success for his attack on Iran’s major
nuclear sites, burying its uranium stockpile.
But those
were largely one-and-done attacks. They did not involve running a foreign
nation, or dealing with the resistance that almost always accompanies an effort
like that.
For much
of the 20th century, the United States intervened militarily in smaller
countries in the Caribbean and Central America. But Venezuela is twice the size
of Iraq, with challenges that may prove just as complex.
“Any
democratic transition will require the buy-in of pro-regime and anti-regime
elements,” John Polga-Hecimovich, a Venezuela scholar at the U.S. Naval
Academy, said in an interview.
One
crucial test, he said, is how the Venezuelan armed forces react. “If it
splinters, with some backing a transition and others not, things could get
violent,” he said. “On the other hand, a unified force would help legitimize
whatever government comes next."
Simon
Romero contributed reporting from São Paulo, Brazil.
David E.
Sanger covers the Trump administration and a range of national security issues.
He has been a Times journalist for more than four decades and has written four
books on foreign policy and national security challenges.
Tyler
Pager is a White House correspondent for The Times, covering President Trump
and his administration.


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