The United States will put a 25 % tariff on countries that buy Venezuelan oil
President Donald Trump said on Monday that he would impose a 25 % tariff on all imports from any country that bought oil or gas to Venezuela, although the United States is doing it as well.
In the message of social truth, Trump said Venezuela was “very hostile” with the United States of America. And that the countries that buy oil will have to pay the customs tariffs in all their trade with the United States as of April 2. Most likely, definitions join The taxes faced by ChinaIn 2023, it bought 68 % of the oil exported by Venezuela, according to the 2024 analysis of the US Energy Information Management.
spaceIndia, Russia, Singapore and Vietnam also appear between countries They receive oil from VenezuelaAccording to the report. But even the United States, despite its sanctions against Venezuela, buy oil from that country. In January, the United States Imported 8.6 million barrels of oil from VenezuelaAccording to the Statistical Office, among about 202 million importers of imported this month.
And Monday, the Ministry of Treasury Granting an extension until May 27 With the permission of the American Chevron Company to pump and export Venezuelan oil. Extension, known as the General License, He exempts the country from economic sanctions It allows you to continue pumping the oil. In February, Trump announced the end of the relationship of Chevron Venezuela, while he became a financial guard for the country of South America.
Venezuelan President, Nicholas MaduroThe accusation answered USA to violate international trade rules With a “miserable and unacceptable” arbitrary procedure “to” undermine the development “of the South American State.
“Definitions of Work”
“For years, the fascist right, which is connected by the Venezuelan people, He promoted economic sanctions in the hope of placing Venezuela on his knees“The government said in a statement.” They failed because Venezuela is a sovereign state, because its people resisted dignity and because the world is no longer subject to any form of economic dictatorship. “
The American president argues that definitions They will return jobs in the manufacturing sectorInstead of exacerbating inflationary pressures and obstructing growth, as economists have warned. His last story test arrived on Monday, when Hyundai announced at the White House that it would build a steel factory of $ 5.8 billion (5.4 billion euros) in Louisiana.
“This investment A clear demonstration that works as customs tariffs “With great power,” Trump said, adding that the new factory of the South Korean car manufacturer will create 1,400 jobs. “
A bolder step against China?
the The last threat of Trump’s tariff It suggests that the administration can be ready to take more bolder measures against China in its efforts to rewrite the guidelines of the global economy. The Trump administration has already imposed A 20 % global tariff for imports from China As an effort to suppress the illegal fentanel trade, but another 25 % import tax in addition to this may climb tensions between the largest economy in the world.
Trump said Venezuela will face a “secondary” tariff Because it is home Arajoa band. The Trump administration deportes immigrants who, he says, are members of that division that illegally crossed the United States. Trump described April 2 as “liberation day” based on his plans, still unclear, Offer import taxes to suit the prices imposed by other countriesIn addition to imposing a 25 % tariff against Mexico and Canada, the largest commercial partner in the United States.
The Republican President also increased the 2018 tariff Steel and aluminum 25 % For all imports, I pledged to impose additional cars, pharmaceutical medications, wood, computer chips and copper.
the The American bag had risen on MondaySince investors expect the definitions to be more selective than they were previously afraid. However, the S&P 500 index has decreased so far this year due to the concern that the trade war can hinder economic growth and increase inflationary pressures.
But Trump was somewhat reserved Your plans for definitionsOn Monday, he said that although he wants to collect “mutual rates” “we can be more friendly than that.”
