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Trump to impose high tariffs on countries buying Venezuelan oil. Will it impact India?

IndiaTimes Tuesday, 25 March 2025
US President Donald Trump announced 25% tariffs on imports from countries purchasing Venezuelan oil and gas, potentially affecting India, China, and others. These tariffs aim to exert economic pressure on Venezuela, which Trump accuses of hostility and other malpractices. The tariffs, effective from April 2, coincide with his broader plan for reciprocal tariffs on other nations.
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Video Credit: Oneindia - Published
News video: Trump Economic Policy: 25% Tax on Venezuela Oil, Hyundai Billion-Dollar U.S. Investment

Trump Economic Policy: 25% Tax on Venezuela Oil, Hyundai Billion-Dollar U.S. Investment 11:30

 The Trump Economic Policy is making waves in global trade. President Donald Trump has announced a 25% tax on Venezuelan oil, ensuring a stronger push for domestic energy reliance. Under the Trump Economic Policy, companies purchasing oil from Venezuela will face higher costs, reinforcing his America...

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