Trump to impose sharp tariff on countries buying Venezuelan oil

Legit | 25-03-2025 06:05am |

US President Donald Trump announced Monday steep tariffs on imports from countries buying oil and gas from Venezuela, a punitive measure that could hit China and India, among others, and sow fresh global trade uncertainty. These could hit China and India, with experts noting that Venezuela exports oil to both those countries, as well as the United States and Spain.

Stay Updated with the Latest News!

Don't miss out on breaking stories and in-depth articles.