Is the projected economic impact of Does US sanctions greater thanagainst Venezuela outweigh the amount of aid being sent?
Although previous sanctions have been more narrowly targeted and are generally thought not to have had substantial economic effects, it's widely anticipated that thePresident Trump recently imposed most recent sanctionssanctions against Venezuela's state-owned oil company PDVSA on Venezuela's oil will lead to economic disruption.
However, the US has also sent aidthe US has also sent aid, primarily food, to the Colombian border, with the aim of getting it to Venezuela.
In this vein, Nicolas MaduroNicolás Maduro, the establishment presidentPresident of Venezuela, argues that the effect of US aid is small compared to the income loss due to sanctions, claiming that the US "robs us of 30 billion dollars and offers us four crumbs."
Is he correct? Setting aside the (likely incorrect) claims about the food being contaminated, how does its value compare to the projected lost income due to the recent oil sanctions (or to other sanctions if supposed to be significant)?