Trump Imposes Tariffs on Imports from Venezuelan Oil Buyers

President Donald Trump announced a 25% tariff on all imports from countries purchasing oil or gas from Venezuela, primarily targeting China and India, with the tariffs set to begin on April 2, 2025. Trump cited Venezuela's alleged hostility and claims of criminal activities as reasons, though evidence of these claims is sparse. The tariffs are part of broader economic strategies, including new duties on autos, pharmaceuticals, and aluminum, intended to bolster US manufacturing and address perceived unfair trade practices. The tariffs on Venezuelan oil buyers will expire one year after the last import unless revoked earlier by the US. Trump's announcement is seen as an extension of his trade war tactics and could strain relations with major Venezuelan oil importers. The move also coincides with efforts to pressure Venezuela into accepting the return of deported immigrants, including gang members of Tren de Aragua.