Biden made a bold deal with Venezuela’s strongman. Will it pay off?

The United States suspended crippling sanctions on the authoritarian government of Nicolás Maduro in exchange for Maduro’s promise of a free and fair election.

July 15, 2024More than 1 year ago

8 min

Supporters of Venezuelan President Nicolás Maduro rally last month in Caracas. The placards read “Always together with the people.” (Leonardo Fernandez Viloria/Reuters)

ByAna Vanessa Herrero

Samantha Schmidt

and

Karen DeYoung

CARACAS, Venezuela — For President Biden, it was a gamble: ease crippling sanctions on the government of Venezuelan strongman Nicolás Maduro in exchange for Maduro’s promise to hold a free and fair election for president this year.

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