The president did not say whether any military action would be led by the United States and did not answer a question about whether he wanted to see regime change in Venezuela.
"We express our respect for the self-determination of nations and of non-interference", said Moreno Monday during the televised address he gives every week.
Vice President Mike Pence's isn't expected to take questions from reporters after meeting with Chile's president - even though Pence's public schedule had listed a "joint press conference" with Michelle Bachelet (bah-cheh-LET'). "We have many options for Venezuela including a possible military option if necessary", Trump said, in comments branded "craziness" by Venezuelan Defense Minister Vladimir Padrino.
"President Trump has made it very clear that we will not stand by while Venezuela collapses into dictatorship", Pence said in Cartagena, Colombia, according to Reuters news agency.
President Donald Trump is right to be concerned about what is happening in Venezuela.
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The topic of U.S. intervention with Venezuela arose again with Argentina President Mauricio Macri.
Pence has visited Argentina and Colombia and will end his Latin America tour Thursday after visiting Panama.
China, which is owed billions in debt by Venezuela, also spoke out against foreign interference in other countries.
"The Venezuelan people are suffering and dying", said Pence, whose swing through the region aims to drum up support for a more aggressive push against Venezuela's ruling socialist party and President Nicolas Maduro, Xinhua news agency reported.
The vice president's language went further than that initially used by Trump, who condemned "hatred, bigotry and violence on many sides, on many sides".
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Pence praised Macri for strengthening ties with the United States and carrying out "bold" reforms to transform the economy.
'I have no idea why we would use military force in Venezuela.
Over 120 people have been killed since anti-government protests began in April, driven by outrage over shortages of food and medicine and Maduro's creation of a legislative superbody that governments around the world say is dictatorial.
Pence's statement in Chile came just as Trump was announcing that he would disband two economic councils amid the resignation of many CEOs from the advisory boards objecting to Trump's remarks.
"I can't speculate what that is because we haven't been asked to provide any options", Pentagon spokesman Colonel Rob Manning said.
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