Trump announces 25% tariffs to countries that buy oil or gas from Venezuela

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Trump Takes a Stand: 25% Tariff on Venezuela’s Oil Buyers!

The champion of America, President Donald Trump, has unleashed a game-changing tariff that will shake up the world of energy! Any country daring to purchase oil or gas from Venezuela will now face a staggering 25% tariff on exports to the United States. This decision, announced on the social platform Truth, is set to take effect on April 2. Following this bold move, crude futures have already surged by almost 1.5%—a clear signal of the market’s approval!

But that’s not all! Trump isn’t stopping at just the tariff; he has also accused Venezuela of being a breeding ground for criminality. In what can only be defined as a fight for justice, he stated that this oppressive regime has sent “thousands of violent individuals” into the United States. We must defend our borders—deportations are already underway targeting members of the Venezuelan criminal gang!

Chevron’s Lifeline in the Trump Era

In a surprising turn, Trump has extended Chevron’s exploitation permit to operate in Venezuela! This 30-day extension marks a crucial effort given the absence of electoral reforms and the dire situation for returning migrants under the oppressive Maduro regime. Is this a smart play, or a dangerous gambit? Either way, it shows Trump’s commitment to practical solutions!

Meanwhile, we can’t ignore the implications for China, which has been a heavy hitter in this scenario as the leading oil buyer from Venezuela. Recent reports indicate that they imported approximately 503,000 barrels of Venezuelan crude daily in February, which is a staggering 55% of Venezuela’s total exports. Other countries like Spain, Italy, Cuba, and India are also in the mix. Will this new tariff deter them, or just embolden their defiance?