Trump Promises 25% Tariffs On Nations Buying Venezuelan Oil

Monday, March 24, 2025

Key Points President Donald Trump said countries that purchase oil and gas from Venezuela will face a 25% tariff on the trade those nations have with the U.S. Trump said the tariff will take effect April 2. The president accused Venezuela of sending gang members to the U.S.

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The president accused Venezuela of sending Tren de Aragua gang members to the U.S. The Trump administration has designated the group as a foreign terrorist organization.

Trump invoked the Alien Enemies Act on March 15 in response to what the president claims is an invasion by Tren de Aragua. The president said its memebers are conducting "irregular warfare" against the U.S. at the direction of Venezuela President Nicolas Maduro.

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