Skip to content
Washington, D.C. – US President Donald Trump has announced plans to impose a 25% tariff on any nation that purchases oil and gas from Venezuela. Trump revealed the new policy on his Truth Social platform.
Trump Links Tariff to Security, Trade Policy
Trump claimed that Venezuela had intentionally sent “criminals” to the US. The new policy, he stated, will apply to any country that trades with Venezuela in oil or gas. It is scheduled to take effect on April 2nd. Trump asserts this measure addresses concerns about migration and crime. The policy is consistent with Trump’s “America First” trade approach. The world will monitor the effects of this new meausre.
