Trump Sanctions Venezuela After Socialist Dictator Maduro Wins Sham Election

Venezuelan President Nicolas Maduro gestures after the National Electoral Council (CNE) announced the results of the voting on election day in Venezuela, on May 20, 2018. - President Nicolas Maduro was declared winner of Venezuela's election Sunday in a poll rejected as invalid by his rivals, who called for fresh elections to be held later this year. With more than 90 percent of the votes counted, Maduro had 67.7 percent of the vote, with his main rival Henri Falcon taking 21.2 percent, the National Election Council chief Tibisay Lucena announced. (Photo by Juan BARRETO / AFP) Photo credit should read JUAN BARRETO/AFP/Getty Images

President Donald Trump imposed additional sanctions on Venezuela on Monday shortly after socialist dictator Nicolas Maduro won an election that senior American administration officials called a sham.

Trump signed an executive order aimed at blocking Maduro’s latest scheme at stealing Venezuela’s wealth, namely the sale of accounts receivable held by Venezuela’s government.