Analyst: Duties on Venezuelan oil buyers could pressure China to reshuffle imports

US sanctions and “secondary tariffs” begin to shut down Venezuela’s oil sector

The new measures would represent the most aggressive US siege against Venezuela’s economy thus far, posing the threat of mass death and a renewed exodus.

Analyst: Duties on Venezuelan oil buyers could pressure China to reshuffle imports

President Trump’s decision to impose 25 percent tariff on goods from countries that import Venezuelan oil was made with China in mind, though Beijing should have little trouble making up for lost imports, an energy analyst at the Center for Strategic and International Studies tells Inside U.S. Trade. Trump last week signed an executive order imposing what he dubbed a “Secondary Tariff” on countries that import oil from Venezuela, which is set to…

US Tariffs Cripple Venezuela’s Oil Exports as China and India Withdraw - EnergiesNet

India and China no longer buying crude from Venezuela after Trump’s threats MercoPress MONTEVIDEO EnergiesNet.com 04 01 2025 The United States imposing a 25% tariff on countries importing oil and gas from Venezuela starting next month has already taken its toll on Caracas’ coffers as India and China —accounting for over 50% of its crude … US Tariffs Cripple Venezuela’s Oil Exports as China and India Withdraw Read More » The post US Tariffs Cripp…

Latam Insights Encore: Trump's Secondary Tariff Strategy Against Venezuela: Killing a Fly With a Nuke – Op

Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and crypto news from the past week. This edition examines how the Trump administration’s newfound secondary tariff strategy and its application against Venezuela might inflict lots of collateral damage. Latam Insights Encore: Trump’s Secondary Tariff Strategy Lacks Finesse, Involves Millions The […]

News of the Day and the Hour Latest News of the day The President of the United States, Donald Trump, has defended that the tariffs imposed a week ago on countries that buy oil or gas from Venezuela "have already had a strong effect", after his government has revoked the permits and exemptions granted to several oil companies, including the Spanish Repsol, to export crude from the Latin American country. In statements to the press, Trump has as…

The President of the United States, Donald Trump, has defended that the tariffs imposed a week ago on countries that buy oil or gas from Venezuela "have already had a strong effect", after his government has revoked the permits and exemptions granted to several oil companies, including the Spanish Repsol, to export crude oil from the Latin American country. Trump has assured the press that "we have put secondary tariffs in Venezuela and have had…