Marketplace All-in-One Venezuela and Trump's new Monroe Doctrine
Jan 8, 2026
Jason Marczak, vice president at the Atlantic Council, dives into the seismic political shift following Nicolás Maduro's capture. He discusses the Trump administration's renewed focus on the Western Hemisphere as a nod to the Monroe Doctrine. The complex road to revitalizing Venezuela’s economy is explored, including challenges like oil recovery and debt restructuring. Marczak also addresses U.S.-China competition in Latin America and the implications for regional partnerships, shedding light on the balancing act between U.S. influence and Venezuelan sovereignty.
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Western Hemisphere Returns To US Strategy
- The Trump administration's new national security strategy emphasizes the Western Hemisphere far more than prior ones.
- It focuses on partnering, counter-narcotics, reducing foreign adversary influence, and accelerating U.S. investment in the region.
China's Deep Inroads Push US Investment Pivot
- China has become the principal trading partner across South America and rapidly expanded investment.
- The U.S. strategy aims to mobilize financing agencies to increase U.S. investment, especially in critical sectors and resources.
Check Versus Photo: A Regional Refrain
- Jason Marczak recounts traveling the region monthly and hearing leaders say China gives checks while Washington gives photos.
- That contrast highlights why regional leaders want more tangible U.S. investment, not just rhetoric.