stableImportance 4/5Confidence 4/51 documented update

Trump’s Venezuela gamble is looking more and more like a dud

The push to knock Nicolás Maduro out of power was already wobbling, and by May 3 it was clear the White House had backed a risky outcome that didn’t happen. Juan Guaidó’s bid to rally the military had failed to trigger the defection cascade Trump allies seemed to expect, leaving the administration with a loudly advertised regime-change project and very little visible leverage to show for it.

Why it matters: Venezuela dud

First recorded May 3, 2019·Meaningfully updated May 3, 2019

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Confidence 4/5

Trump’s Venezuela gamble is looking more and more like a dud

The push to knock Nicolás Maduro out of power was already wobbling, and by May 3 it was clear the White House had backed a risky outcome that didn’t happen. Juan Guaidó’s bid to rally the military had failed to trigger the defection cascade Trump allies seemed to expect, leaving the administration with a loudly advertised regime-change project and very little visible leverage to show for it.

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