Donald Trump: Trump warns countries again..what does he mean this time?
US President Donald Trump has issued a fresh warning to countries that buy oil from Venezuela . He made it clear that he will impose a 25 percent tax on countries that buy oil or gas from that country. He said that these sanctions will be in effect for a year from the last purchase from Venezuela .
Trump's latest decision will also affect China
Trump's latest decision will affect India as well as China. India is buying oil from Venezuela. India accounted for the majority of the country's oil products exported in January 2024. India imports about 2.5 lakh barrels of crude oil per day from Venezuela. Of the total crude oil purchased from abroad last year,1.5 percent Venezuela Venezuela also exports 500,000 barrels of crude oil per day to China. In this context, the impact of Trump's tariffs will be felt by India and China.
https://vaartha.com/trump-...
US President Donald Trump has issued a fresh warning to countries that buy oil from Venezuela . He made it clear that he will impose a 25 percent tax on countries that buy oil or gas from that country. He said that these sanctions will be in effect for a year from the last purchase from Venezuela .
Trump's latest decision will also affect China
Trump's latest decision will affect India as well as China. India is buying oil from Venezuela. India accounted for the majority of the country's oil products exported in January 2024. India imports about 2.5 lakh barrels of crude oil per day from Venezuela. Of the total crude oil purchased from abroad last year,1.5 percent Venezuela Venezuela also exports 500,000 barrels of crude oil per day to China. In this context, the impact of Trump's tariffs will be felt by India and China.
https://vaartha.com/trump-...
09:42 AM - Mar 25, 2025 (UTC)
