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Economy
C
CNBC Awaaz05-01-2026, 11:07

Trump Issues Ultimatum to Colombia, Cuba After Venezuela Action: Latin America on Edge

  • US President Trump declared Colombia and Cuba 'sick countries' after military action in Venezuela, threatening further intervention.
  • Trump accused Colombian leadership of drug involvement and hinted at US operations, sparking outrage from President Gustavo Petro.
  • Petro urged Latin American unity against US actions, citing the controversial apprehension of Venezuelan President Nicolas Maduro.
  • Global concern rose over US intervention, with experts linking it to a new 'Don-roe Doctrine' and potential for regional instability.
  • The escalating tensions are expected to impact global markets, including India, through FII withdrawals, oil prices, and rupee depreciation.

Why It Matters: Trump's aggressive stance on Latin America signals deepening regional confrontation and global economic impact.

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