Venezuela Dismisses Trump's New Sanctions Threat

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Venezuela's foreign minister said Tuesday the country is moving forward with plans to elect members of a constitutional assembly despite threats of new sanctions by the United States, and plans to review its relations with Washington.

"The constitutional assembly is happening," Foreign Minister Samuel Moncada said on state television. He also said Venezuela is "conducting a deep review of relations with the U.S. government because we don't accept humiliation from anyone."

White House officials on Tuesday stressed they are ready to follow through on President Donald Trump's threat to take "strong and swift economic action" if Maduro goes ahead with a vote for the special assembly on July 30.

"The Maduro regime ... cannot be allowed to continue to go down its path toward becoming a full dictatorship," a senior Trump administration official said.