1 day ago
Last Updated:March 24, 2025, 20:53 IST
President Trump announced a 25 percent tariff on countries buying oil or gas from Venezuela, citing Venezuela's hostility towards the US and its values.
US President Donald Trump. (Photo Credit: X)
President Donald Trump said Monday he would levy a 25 percent tariff across the board on any country buying oil or gas from Venezuela, as he escalates trade wars with a number of US foes and allies.
“Venezuela has been very hostile to the United States and the Freedoms which we espouse," he wrote on his Truth Social network. “Therefore, any Country that purchases Oil and/or Gas from Venezuela will be forced to pay a Tariff of 25% to the United States on any Trade they do with our Country."
(This story has not been edited by News18 staff and is published from a syndicated news agency feed - AFP)Location :Washington D.C., United States of America (USA)
First Published:March 24, 2025, 20:53 IST
News world Donald Trump Announces 25% Tariff On Countries Buying Venezuelan Oil
