Trump to Enforce 25% Tariff on Goods from Buyers of Venezuelan Oil

The tariffs, effective April 2, mark a significant escalation in U.S. economic pressure on Venezuela and its trading partners, with potential global market implications.

The U.S. will impose a 25% tariff on goods from countries purchasing Venezuelan oil or gas starting April 2, 2025, as announced by President Donald Trump.
Trump justified the tariffs by accusing Venezuela of hostility toward the U.S. and facilitating the migration of gang-affiliated individuals, including members of the Tren de Aragua gang.
The tariffs are part of a broader 'reciprocal tariffs' strategy aimed at reducing trade deficits and reindustrializing the U.S., with additional measures targeting other trading partners expected soon.
Key buyers of Venezuelan oil, such as China, India, and Spain, could face significant economic impacts, potentially disrupting global oil markets and increasing U.S. gasoline prices.
Venezuela has condemned the tariffs as economic aggression, while analysts warn of heightened tensions and broader trade policy shifts under the Trump administration.

L'Express

l'Opinion

Courrier International