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Donald Trump said SH.BA would impose a 25 percent fee on all imports from any country that buys oil from Venezuela, an action that can raise taxes on goods from China and India, two of Caracas’s largest buyers.
The announcement Monday came ahead of Trump’s planned discovery of a new tariff regime for US trading partners and between a chaotic number of trade policy marked by Undulcies and Turning.
In a post on social truth, the US president said he was imposing the new tariff for “many reasons”, claiming that “Venezuela intentionally and deceived he had sent to the United States, tens of thousands of high -level, and others, many of whom are killers and people of a very violent nature.”
The latest scaling of Trump’s trade war comes just days after Caracas agreed to begin receiving the plans of migrants expelled by the US in a concession to the US president.
The mass risks sticking to the oil market, something that the White House has so far been inclined to avoid in an effort to prevent the supply of supply from rising gas prices for US drivers.
Venezuela exported 660,000 barrels in globally raw days last year, with China, India and Spain among the best buyers.
The US itself imported about 230,000 B/D from Venezuela in 2024, making the South American nation its third largest supplier after Canada and Mexico, according to the Federal Administration of Energy Information.
Trump referred to the unprecedented movement as a “secondary fee” and said it would take effect from April 2, which he has called the “day of Erution liberation”, when reciprocal tariffs in other countries will also come into force.
Earlier this month, the US Treasury canceled Chevron’s license to operate in Venezuela, which is under broad sanctions, ordering the California -based oil group to complete its operations within 30 days.
The license allowed Chevron to export about 200,000 B/D last year, which Venezuela’s democratic opposition said he went to Nicolás Maduro’s government suppression.
Monday’s announcement came just days after Venezuela agreed to resume acceptance of flights carrying immigrants expelled from the US, a flight that transported 199 people landed near Caracas on Sunday.
Trump has in recent weeks pushed to expel hundreds of suspected members of the Venezuelane Tren de Aragua gang, which the US has assigned a terrorist organization.
In his posting of social truth on Monday, Trump referred to the gang and said Venezuela had been “very hostile to the United States and the freedoms we support.”
Earlier this month, the KBA deported some suspected gang members in El Salvador, where President Nayib Bukele had agreed to keep them in “very good prisons of the country at a fair price that will also save our taxpayer dollars”.
On Monday, the Department of Justice said it would expel three alleged trains of Train De Aragua in Chile.
