China’s Purchases Stall After Trump’s Tariff Threat on Buyers of Venezuelan Oil

China Rejects US 'Tariff War' on Venezuela Amidst Decline in PDVSA Oil Shipments - Venezuelanalysis

Caracas, March 27, 2025 (venezuelanalysis.com) – China criticized the Trump administration’s “tariff war” after a recent threat to impose 25 percent “secondary tariffs” on goods from countries that purchase Venezuelan oil and gas. “We urge the United States to cease its interference in Venezuela’s internal affairs and to abolish the unlawful unilateral sanctions imposed on the country. […] There are no winners in a trade or tariff war,” stated G…

The last executive order of the Trump administration that threatens to impose tariffs on Venezuelan oil buyers is generating its first repercussions, specifically on the national exchange system. After the repeal of General License 41, favorable to the activities of the Chevron company in Venezuela and, now, with the launch of this new pressure mechanism, there has been an obvious disturbance in the value of the bolívar against the dollar in the…

India and China no longer buying crude from Venezuela after Trump's threats

The United States imposing a 25% tariff on countries importing oil and gas from Venezuela starting next month has already taken its toll on Caracas' coffers as India and China —accounting for over 50% of its crude exports— have halted purchases. China, which imported 351,000 barrels per day (bpd) last year, and India, with 254,000 bpd in January, are stepping back, with companies like India’s Reliance Industries planning to stop imports.

Trump tariff on Venezuelan oil buyers shakes global market, major refiners pull back

The U.S. announcement that Washington will impose a 25% tariff on any country that purchases Venezuelan oil or gas has quickly made commercial dealings with Venezuela’s oil industry a highly toxic proposition, as some of the South American country’s largest…

China Stops Venezuelan Oil Imports After U.S. Decree

On March 25, 2025, U.S. President Donald Trump issues a decree that swiftly halts China’s imports of Venezuelan oil. The order threatens a 25% tariff on goods from countries purchasing Venezuela’s crude, effective April 2, targeting China, the nation’s largest buyer. Coming after U.S. sanctions on Chinese imports from Iran, this policy demonstrates Trump’s calculated […]

Trade of Venezuelan oil to China stalls after new Trump order

Trade of Venezuelan oil to top buyer China stalled on Tuesday after U.S. President Donald Trump's order threatening tariffs on countries buying from Caracas created fresh uncertainty, days after U.S. sanctions targeting China's imports from Iran.