>> The Trump administration slapping broad new financial sanctions on Venezuela, Friday, that would block US banks from new deals with Nicolas Maduro's government, and the state-run oil company, PDVSA. On Friday, US Ambassador to the United Nations, Nikki Haley, delivering a strong message to Maduro.>> We are not going to tolerate the dictatorship he's trying to create.
And we're not gonna respect the sham assembly. And so at this point, we felt like because we're not seeing any progress towards lifting up the Venezuelan people. And we see more of the power grab that Maduro is trying to do, the sanctions were another option to send him a message.
>> Last month, Venezuela elected a controversial constituent assembly, dominated by the ruling Socialist Party, that dissolved the opposition led national assembly. The sanctions come as relations between Caracas and Washington have deteriorated since the White House's last round of economic sanctions and Trump's threat of military action against Venezuela.
>> We have many options for Venezuela. And by the way, I'm not gonna rule out a military option.>> Venezuela's foreign minister on Friday, condemning the US threats and sanctions as uncivilized politics, and accusing the US of provoking a humanitarian crisis. Torn by political and economic upheaval, Venezuela faces triple-digit inflation and massive shortages of food and medicine.
Months of anti-government unrest have left more than 125 people dead.