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