US EditionTrump to impose 25% tariff on countries that buy oil, gas from Venezuela
- President Donald Trump announced a 25% tariff on countries purchasing oil or gas from Venezuela, effective April 2, 2025.
- Trump stated that the tariffs are in response to Venezuela's hostility and its links to the gang Tren de Aragua, which is declared a foreign terrorist organization by the U.S. Administration.
- The announcement follows Trump's revocation of Chevron's license to operate in Venezuela, which could severely impact its oil production.
- Concerns arise about the economic impact, as the S&P 500 index is down this year amid fears of a trade war affecting growth and inflation.
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The Korea Times+63 Reposted by 63 other sources
Trump to impose sharp tariff on countries buying Venezuelan oil
U.S. President Donald Trump announced Monday steep tariffs on imports from countries buying Venezuelan oil and gas, a punitive measure that could hit China and India, among others, and sow fresh global trade uncertainty.
·Korea, Republic of
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Trump Plans to Punish Venezuelan Energy Customers
Countries that buy or sell gasoline from Venezuela soon will be looking at a 25% tariff on goods they export to the US, President Trump said in a social media post Monday. The move appears to be punishment for what reasons that Trump said include sending thousands of criminal migrants,...
·Miami, United States
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Coverage Details
Total News Sources450
Leaning Left57Leaning Right52Center98Last UpdatedBias Distribution47% Center
Bias Distribution
- 47% of the sources are Center
47% Center
L 28%
C 47%
R 25%
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