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Trump to impose 25% tariff on countries that buy oil, gas from Venezuela

  • Donald Trump announced a 25% tariff on countries buying oil or gas from Venezuela, effective April 2, 2025.
  • The tariffs are part of a strategy against Venezuela, targeting its alleged links to gang violence and criminal activity.
  • Trump's administration revoked Chevron's license to operate in Venezuela, significantly impacting the country's oil production.
  • The U.S. imported 8.6 million barrels of oil from Venezuela in January 2025, with China being the largest buyer of Venezuelan oil.
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InsideNoVA.comInsideNoVA.com
+64 Reposted by 64 other sources
Center

Trump to impose sharp tariff on countries buying Venezuelan oil

US 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.

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The Washington HispanicThe Washington Hispanic
+3 Reposted by 3 other sources
Center

President Donald Trump announced this Monday that the countries that buy Venezuelan oil or gas will pay a 25% tariff as of April 2 in their commercial transactions with the United States. A few weeks ago, discontented with Venezuelan president Nicolás Maduro over the pace of repatriation flights of his nationals, the Republican tycoon revoked the license that allowed the US oil company Chevron to operate in Venezuela. He gave him the deadline un…

·Washington, United States
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Orinoco Tribune broke the news in on Sunday, March 23, 2025.
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