New Tariffs on Countries Importing Venezuelan Oil

On March 24, 2025, President Donald J. Trump issued a new Executive Order (“E.O”) imposing a 25% tariff on goods imported from any country that imports Venezuelan oil, either directly or indirectly. This measure is part of the new administration’s broader effort to increase economic pressure on the Maduro regime in Venezuela, which continues to be designated as a national security threat under U.S. law, as originally declared in E.O. 13692.

READ MORE