Washington DC, Jan. 7 -- In a major announcement, US President Donald Trump said on Wednesday (local time) that Venezuela would now purchase only American-made products with the money they receive from the new oil deal.

In a post on Truth Social, the US President said that the purchases would include American agri products, medicines, medical devices and equipment to improve the electric grid and energy facilities, amongst other things.

"I have just been informed that Venezuela is going to be purchasing ONLY American Made Products, with the money they receive from our new Oil Deal. These purchases will include, among other things, American Agricultural Products, and American Made Medicines, Medical Devices, and Equipment to improve Vene...