Mon Mar 24 15:17:55 UTC 2025: ## Trump Announces 25% Tariff on Countries Buying Venezuelan Oil and Gas

**Washington, March 24, 2025** – President Donald Trump announced a sweeping 25% tariff on all trade with any country purchasing oil or gas from Venezuela. The announcement, made via his Truth Social network, cites Venezuela’s hostility towards the United States as justification for the measure. This latest action significantly escalates existing trade tensions between the U.S. and a number of countries, both allies and adversaries. Trump’s statement emphasizes that the tariff is a direct response to Venezuela’s actions and aims to pressure countries to cease their dealings with the South American nation.

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