Overview

• Donald Trump has introduced a 25% tariff on all goods from countries purchasing Venezuelan oil or gas, set to take effect on April 2, 2025.
• The tariffs are part of a broader strategy to economically isolate Venezuela, which the U.S. government has labeled 'hostile.'
• Trump justified the move by accusing Venezuela of intentionally sending violent criminals to the United States.
• Emergency wartime laws have been invoked to accelerate the deportation of Venezuelan migrants, with some linked to the Tren de Aragua gang, classified as a terrorist organization.
• The tariffs align with Trump's broader trade policy, which includes reciprocal tariffs on other trade partners, also scheduled for April 2.