Trump to hit countries that buy Venezuelan oil with 25 per cent tariff
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Donald Trump said the US would impose a 25 per cent tariff on all imports from any country that buys oil or gas from Venezuela, in a move that could sharply raise levies on goods from China and India, two of Caracas’s biggest oil buyers.
In a post on Truth Social, Trump said the tariff was for “numerous reasons”, citing “the fact that Venezuela has purposefully and deceitfully sent to the United States, undercover, tens of thousands of high level, and other, criminals, many of whom are murderers and people of a very violent nature”.
Trump referred to the unprecedented move as a “secondary tariff”, which would take effect from April 2.
This is a developing story
