IMPOSING TARIFFS ON COUNTRIES IMPORTING VENEZUELAN OIL

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On March 24, 2025, the White House announced a 25 percent tariff on goods imported into the United States from any country that imports Venezuelan oil, effective April 2, 2025. This move is part of a broader strategy to address national security threats posed by the Maduro regime in Venezuela, which has been linked to criminal organizations and has contributed to regional instability. The order also reinforces existing sanctions against Venezuela and aims to limit the influx of Venezuelan oil that could support these destabilizing activities.

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