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Latin Times
Latin Times
Politics
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Trump Admin To Shift Hundreds Of Millions In Funding To 'Confront The Marxist, Anti-American Regimes Of Venezuela, Cuba'

U.S. President Donald Trump speaks during the 80th session of the UN’s General Assembly (Credit: Photo by Chip Somodevilla/Getty Images)

The Trump administration said it's shifting hundreds of millions of dollars in foreign aid to "confront the Marxist, anti-American regimes of Venezuela, Cuba and Nicaragua" as it ramps up pressure on Caracas.

Concretely, it will spend $400 million to the effort, Reuters reported. Overall, the administration will shift $1.8 billion toward "America First" initiatives, also including pursuing investments in Greenland, territory it said it would seek to annex earlier in the administration.

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