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Donald Trump says countries that buy Venezuelan oil will face 25 per cent tariff
Updated On: 25 March, 2025 12:54 AM IST | Washington | mid-day online correspondent
In a Truth Social post, Trump said Venezuela has been 'very hostile' to Washington and countries purchasing oil from it will be forced to pay the tariff on all their trade to the US starting April 2
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The Donald Trump administration has already levied universal 20 per cent tariffs on imports from China as an effort to crackdown on the illicit trade in fentanyl. File pic
United States (US) President Donald Trump on Monday said that he would be placing a 25 per cent tariff on all the imports from any country that buys oil or gas from Venezuela, news agency AP reported. He also warned of imposing new tariffs on the South American country itself.
In a Truth Social post, Trump said Venezuela has been "very hostile" to Washington and countries purchasing oil from it will be forced to pay the tariff on all their trade to the US starting April 2.
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