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Mar 24, 2025 11:00 AM

Trump says any country buying Venezuelan oil will face a 25% tariff

CNN

 — 

President Donald Trump said Monday that he will impose tariffs of 25% on any nation that purchases oil from Venezuela.

"Venezuela has been very hostile to the United States and the Freedoms which we espouse. Therefore, any Country that purchases Oil and/or Gas from Venezuela will be forced to pay a Tariff of 25% to the United States on any Trade they do with our Country." Trump said in a post on Truth Social.

Trump claimed, without evidence, Venezuela has "purposefully and deceitfully" sent criminals, including violent individuals and members of gangs like Tren de Aragua, to the United States.

This is a developing story and will be updated.