ShafaqNews/ President Donald Trump announced on Monday that any country purchasingoil or gas from Venezuela will face a 25% tariff on all trade with the US.
In apost on Truth Social, Trump described Venezuela as "very hostile"toward the US and confirmed that the new tariffs would take effect on April 2.He referred to the date as “Liberation Day in America,” positioning the move asan effort to restore economic fairness.
Venezuelaitself will also face a "secondary" tariff due to its alleged ties tothe Tren de Aragua gang, with the administration continuing to deportindividuals it claims are members of the group who entered the US illegally.
AbrahamAccords
Speakingto various media outlets at the White House, Trump also reiterated hiscommitment to expanding the Abraham Accords, the series of normalizationagreements between Israel and several Gulf nations brokered during his firstterm.
Trumpnoted that more countries are “eager” to join the accords, with Saudi Arabiabeing mentioned as a potential participant. However, the White Houseacknowledged that Riyadh remains cautious due to the ongoing conflict in Gaza,where Israeli actions have resulted in the deaths of over 61,000 people, mostlywomen and children.
Read More Details
Finally We wish PressBee provided you with enough information of ( Tariff sanctions: US imposes 25% fee on Venezuela oil buyers )
Also on site :
- AriZona's 'Perfect' New Flavor Sends Fans Racing to the Store
- NYT Mini Crossword Answers, Hints for Tuesday, June 10, 2025
- Federal worker charged with capital murder in girlfriend’s forced abortion case