Trump imposes tariff

President Donald Trump announced Monday that the United States will impose a 25% tariff on imports from any country that purchases oil products from Venezuela.

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World News

March 24, 2025 - 3:51 PM

US President Donald Trump signs an executive order in the Oval Office of the White House in Washington, DC, on Jan. 20, 2025. Photo by Jim Watson/Pool/AFP/Getty Images/TNS

The United States will impose a 25% tariff on imports from any country that purchases oil products from Venezuela, President Donald Trump announced Monday, saying that move seeks to penalize Caracas’ socialist regime for deliberately sending criminals to the U.S.

Trump stated that the secondary tariff affecting Venezuela would be implemented “for numerous reasons, including 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.”

He specifically pointed to the Tren de Aragua gang, which has been designated a Foreign Terrorist Organization.

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