Bloomberg Television
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Trump Plans 25% 'Secondary Tariffs' on Venezuela Oil Buyers
Posted
March 25, 2025
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March 25, 2025
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3:04Now PlayingUS President Donald Trump issued an order allowing a 25% tariff to be imposed on any nation purchasing oil and gas from Venezuela in what he dubbed "secondary tariffs." The order takes effect April 2, the same day Trump’s administration is expected to unveil a wider array of levies targeting multiple countries. Bloomberg's Katia Dmitrieva breaks down the situation.
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