Trump announces tariffs to isolate Venezuela: "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," Donald Trump wrote on Truth Social Monday. This comes in response to Venezuela's deliberate effort to send criminals and destabilizing immigrants to the U.S., including members of the violent gang Tren de Aragua. Venezuela's crude oil exports go primarily to China, Brazil, Turkey, and others. Trump's stated goal is to isolate the hostile regime in Venezuela and force greater investment in the U.S. economy. The new tariffs will take effect on April 2.
