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Namibia: Trump announces 25% tariff on countries buying Venezuelan oil

Namibia: Trump announces 25% tariff on countries buying Venezuelan oil

Africa Links 24 with Namibia Press Agency
Published on 2025-03-24 18:22:41

United States (US) president Donald Trump on Monday said he would levy a 25% tariff across the board on any country buying oil or gas from Venezuela, as he escalates trade wars with a number of US foes and allies.
“Venezuela has been very hostile to the US and the freedoms which we espouse,” he wrote on Truth Social. “Therefore, any country that purchases oil and/or gas from Venezuela will be forced to pay a tariff of 25% to the US on any trade they do with our country.”

Read the Full article on The Namibian

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