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March 25, 2025

Trump Threatens 25% Tariffs on Countries That Buy Venezuelan Oil
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President Trump threatened Monday to impose 25% tariffs on any country
that imports oil or gas from Venezuela. Trump claimed the move was in
retaliation for Venezuela "purposefully and deceitfully" sending
"criminals" and gang members to the U.S. Also on Monday, the Treasury
Department extended Chevron's oil production license in Venezuela until
late May.

This comes as Trump appeared to retreat from his widely touted threats
to impose sweeping tariffs across multiple industries starting April 2.
He told reporters, "I may give a lot of countries breaks."


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