Trump Imposes 25% Tariff on Nations Buying Venezuelan Oil
In a recent announcement, President Trump declared a new 25% tariff on any country that purchases oil and gas from Venezuela. This aggressive tariff strategy is aimed at discouraging trade with the Venezuelan regime, which Trump has accused of sending criminals to the U.S. The policy could significantly impact countries that rely on Venezuelan energy exports, as they would face substantial tariffs on all trade with the U.S. The move is expected to affect global oil prices and could have implications for markets, particularly in countries like India, which are among the primary buyers of Venezuelan oil.
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