U.S. President Donald Trump signs an executive order freezing all assets and interests of the Venezuelan government as contained within the United States, a severe escalation from recent industry sanctions and verbal rhetoric. Twenty-one exceptions are issued, for companies providing services including oil, aid, and telecommunications. The expanded sanctions are widely criticized as likely to worsen the conditions for people in Venezuela.
Venezuelan officials are accused of using the cryptocurrency Bitcoin in order to circumvent United States sanctions.
The Venezuelan military reports that on Friday, an American Naval reconnaissance plane entered its national airspace, threatening flights to Maiquetia Airport; the United States asserts that their aircraft was over international waters in the Caribbean on an approved mission. The US plane was followed for a prolonged time by a Venezuelan fighter.
The United States announces sanctions on Nicolás Maduro Guerra, the son of disputed Venezuelan President Nicolás Maduro, accusing him of engaging in propaganda on behalf of the government.
Venezuela's Ambassador to Italy, Isaías Rodríguez, resigns, citing the government's lack of finances amid international sanctions on the Nicolás Maduro government. Rodríguez says, due to the sanctions, he has been unable to pay his staff or the rent for his office in Rome.