Trade and the world economy · at 21 min
Since that day, hundreds of Venezuelan political prisoners have been freed. They've let them out of jails, and we're working closely with the leaders of Venezuela to forge a much better future for the Venezuelan people. Last month, we signed the largest oil deal in history, covering 65 billion barrels of oil, which will benefit both Venezuela and the United States enormously and help drive down the cost of energy all over the world. And that is starting to perk right now. It's coming out. The biggest oil companies in the world are going in, and the numbers are absolutely incredible. When you add the United States and Venezuela together, we have more than 60% of the oil in the world. So it's perhaps the biggest deal. It was a war, but it's perhaps the biggest deal ever made. To the victor belong the spoils. You've all heard that our actions in Venezuela are proof that the United States will no longer permit threats to America to gain a foothold anywhere in the Western Hemisphere. And if necessary, we will use our unmatched military might to secure the vital national interests of the United States. As you know, Venezuela had the finest equipment in the world from other countries. And guess what? It didn't work. Didn't even come close to working.
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