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IMPOSING TARIFFS ON COUNTRIES IMPORTING VENEZUELAN OIL
President Donald Trump has issued an order imposing a 25% tariff on goods imported into the United States from any country that imports Venezuelan oil, either directly or indirectly, effective April 2, 2025. This action is part of a broader strategy to address the national emergency concerning Venezuela and the activities of the Tren de Aragua gang, a designated Foreign Terrorist Organization. The order empowers the Secretary of State, in consultation with other key officials, to determine which countries will be subject to these tariffs. The tariffs aim to pressure countries importing Venezuelan oil while addressing the threats posed by Venezuela's destabilizing actions and support for illicit activities. The order also outlines administrative and enforcement measures to ensure compliance.
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