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    Home»World Economy

    Trump to hit countries that buy Venezuelan oil with 25 per cent tariff

    Team_NewsStudyBy Team_NewsStudyMarch 24, 2025 World Economy No Comments1 Min Read
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    Donald Trump stated the US would impose a 25 per cent tariff on all imports from any nation that buys oil or gasoline from Venezuela, in a transfer that would sharply elevate levies on items from China and India, two of Caracas’s greatest oil patrons. 

    In a publish on Reality Social, Trump stated the tariff was for “quite a few causes”, citing “the truth that Venezuela has purposefully and deceitfully despatched to america, undercover, tens of hundreds of excessive degree, and different, criminals, lots of whom are murderers and other people of a really violent nature”.

    Trump referred to the unprecedented transfer as a “secondary tariff”, which might take impact from April 2.

    This can be a growing story



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