Russian oil trade gets a boost from Trump's Venezuela tariffs: expert

Russian oil trade gets a boost from Trump's Venezuela tariffs: expert

Donald Trump announced a 25 percent tariff on countries buying Venezuelan oil—a move that 'ironically' could help Moscow.

Trump announces tariffs on buyers of Venezuelan energy

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A shock announcement from the Oval Office. A measure that seems like retaliation. Who will really pay the price? A customs strategy that extends to all fronts Donald Trump wants to strike where it hurts. On March 24, 2025, he announced that beginning on April 2, “any country buying Venezuelan gas or oil would be subject to 25% tariffs on all its goods entering the United States,” under the terms of the presidential decree. In other words: there …

Trump’s Tariff Strike Against Venezuelan Oil a New Pressure US Trade Tool - EnergiesNet

Tariffs pile pain across economy of sanctions violators.Analysts say approach must withstand litigation to be effective. Tariffs may make sanctions enforcement easier, some not so sure Timothy Gardner and Marianna Parraga, Reuters WASHINGTON=HOUSTON EnergiesNet.com 03 26 2025 A US plan to slap tariffs on countries buying sanctioned Venezuelan oil marks an unprecedented, and potentially potent, … Trump’s Tariff Strike Against Venezuelan Oil a New…

What Underlies Trump's Executive Order Tariffs for Buying Venezuelan Crude: What Are the...

Spain is buying 70,000 barrels of Venezuelan crude a day, a relatively small amount compared to the 1,237 million barrels that it imports every day, but it can be very casseroed if that purchase increases its exports to the United States