Subscribe Login
Jamaica Observer
ePaper
The Edge 105 FM Radio Fyah 105 FM
Jamaica Observer
ePaper
The Edge 105 FM Radio Fyah 105 FM
    • Home
    • News
      • Latest News
      • Cartoon
      • International News
      • Central
      • North & East
      • Western
      • Environment
      • Health
      • #
    • Business
      • Social Love
    • Sports
      • Football
      • Basketball
      • Cricket
      • Horse Racing
      • World Champs
      • Commonwealth Games
      • FIFA World Cup 2022
      • Olympics
      • #
    • Entertainment
      • Music
      • Movies
      • Art & Culture
      • Bookends
      • #
    • Lifestyle
      • Page2
      • Food
      • Tuesday Style
      • Food Awards
      • JOL Takes Style Out
      • Design Week JA
      • Black Friday
      • #
    • All Woman
      • Home
      • Relationships
      • Features
      • Fashion
      • Fitness
      • Rights
      • Parenting
      • Advice
      • #
    • Obituaries
    • Classifieds
      • Employment
      • Property
      • Motor Vehicles
      • Place an Ad
      • Obituaries
    • More
      • Games
      • Elections
      • Jobs & Careers
      • Study Centre
      • Jnr Study Centre
      • Letters
      • Columns
      • Advertorial
      • Editorial
      • Supplements
      • Webinars
    • Home
    • News
      • Latest News
      • Cartoon
      • International News
      • Central
      • North & East
      • Western
      • Environment
      • Health
      • #
    • Business
      • Social Love
    • Sports
      • Football
      • Basketball
      • Cricket
      • Horse Racing
      • World Champs
      • Commonwealth Games
      • FIFA World Cup 2022
      • Olympics
      • #
    • Entertainment
      • Music
      • Movies
      • Art & Culture
      • Bookends
      • #
    • Lifestyle
      • Page2
      • Food
      • Tuesday Style
      • Food Awards
      • JOL Takes Style Out
      • Design Week JA
      • Black Friday
      • #
    • All Woman
      • Home
      • Relationships
      • Features
      • Fashion
      • Fitness
      • Rights
      • Parenting
      • Advice
      • #
    • Obituaries
    • Classifieds
      • Employment
      • Property
      • Motor Vehicles
      • Place an Ad
      • Obituaries
    • More
      • Games
      • Elections
      • Jobs & Careers
      • Study Centre
      • Jnr Study Centre
      • Letters
      • Columns
      • Advertorial
      • Editorial
      • Supplements
      • Webinars
  • Home
  • News
    • International News
  • Latest
  • Business
  • Cartoon
  • Games
  • Food Awards
  • Health
  • Entertainment
    • Bookends
  • Regional
  • Sports
    • Sports
    • World Cup
    • World Champs
    • Olympics
  • All Woman
  • Career & Education
  • Environment
  • Webinars
  • More
    • Football
    • Elections
    • Letters
    • Advertorial
    • Columns
    • Editorial
    • Supplements
  • Epaper
  • Classifieds
  • Design Week
Trump to impose sharp tariff on countries buying Venezuelan oil
WASHINGTON, DC - MARCH 24: U.S. President Donald Trump joined by Attorney General Pam Bondi delivers remarks during a cabinet meeting at the White House on March 24, 2025 in Washington, DC. This is Trump's third cabinet meeting of his second term, and it focused on spending cuts proposed by the Department of Government Efficiency (DOGE). Win McNamee/Getty Images/AFP WIN MCNAMEE / GETTY IMAGES NORTH AMERICA / Getty Images via AFP
International News, Latest News
March 24, 2025

Trump to impose sharp tariff on countries buying Venezuelan oil

Washington, United States (AFP)—US President Donald Trump announced Monday steep tariffs on imports from countries buying oil and gas from Venezuela, a punitive measure that could hit China and India, among others, and sow fresh global trade uncertainty.

Since returning to the White House in January Trump has unleashed tariffs on US allies and foes alike, attempting to strong-arm both economic and diplomatic policy via the mechanism.

The latest across-the-board 25 percent levies targeting buyers of Venezuelan oil will come into effect April 2, Trump said on his Truth Social platform Monday.

These could hit China and India in particular.

Trump has dubbed the date “Liberation Day” for the world’s biggest economy, already promising reciprocal tariffs tailored to each trading partner in an effort to remedy practices that Washington deems unfair.

On Monday the White House said it might consider more targeted tariffs than expected.

In his latest announcement involving Venezuela, the president cited “numerous reasons” for what he called a “secondary tariff.”

He accused Venezuela of “purposefully and deceitfully” sending “undercover, tens of thousands of high level, and other, criminals” to the United States.

He added in his post that “Venezuela has been very hostile to the United States and the Freedoms which we espouse.”

Under past rounds of US sanctions, Venezuela had been able to shift exports to major economies like China and India.

Trump’s announcement comes as the deportation pipeline between the United States and Venezuela was suspended last month when Trump claimed Caracas had not lived up to a deal to quickly receive deported migrants.

Venezuela subsequently said it would no longer accept the flights.

But Caracas said Saturday that it had reached agreement with Washington to resume repatriations after which nearly 200 Venezuelan citizens were deported from the United States via Honduras.

– Narrower focus? –

Trump’s latest move adds to a range of tariffs he has already vowed would start on or around April 2.

He previously promised sweeping sector-specific duties hitting imported automobiles, pharmaceuticals and semiconductors.

As things stand, however, his plans might become more targeted and affect certain trading partners more heavily.

Sector-specific tariffs “may or may not happen April 2,” a White House official told AFP on Monday, adding that the situation is “still fluid.”

“No final decisions have been made yet on sectoral tariffs being tacked onto reciprocal for April 2,” the official said on condition of anonymity.

But the official reaffirmed that reciprocal tariffs would take place.

Hopes of a narrower tariff rollout earlier gave financial markets a boost.

The White House has vowed to impose “big tariffs” on April 2 in a major escalation of Trump’s trade war, saying that “America has been ripped off by every country around the world.”

Last week, Treasury Secretary Scott Bessent told Fox Business’ Maria Bartiromo that Washington would go to trading partners with an indication of where tariff levels and non-tariff barriers are.

If countries stopped their practices, Bessent added, they could potentially avoid the “tariff wall.”

In the same interview, Bessent noted that the levies would be focused on about 15 percent of countries who have trade imbalances with the United States, dubbing these a “dirty 15.”

Tags:

gas US President Donald Trump Venezuela
{"jamaica-observer":"Jamaica Observer"}
img img
0 Comments · Make a comment

ALSO ON JAMAICA OBSERVER

Cuba denounces ‘infiltration’ by armed group in speedboat from US
Latest News, Regional
Cuba denounces ‘infiltration’ by armed group in speedboat from US
February 25, 2026
HAVANA, Cuba (AFP) — Cuba said it thwarted gunmen trying to infiltrate from the United States as its coastguard fired Wednesday on a Florida-registere...
{"jamaica-observer":"Jamaica Observer"}
Jamaica beat TCI 7-0 in U20 qualifiers
Latest News, Sports
Jamaica beat TCI 7-0 in U20 qualifiers
February 25, 2026
KINGSTON, Jamaica —  Raequan Campbell-Dennis  scored a first-half double and Giovani Taylor came off the bench to score two more in the second half to...
{"jamaica-observer":"Jamaica Observer"}
Hurricane Melissa now tied for strongest Atlantic hurricane following new report
Latest News, News
Hurricane Melissa now tied for strongest Atlantic hurricane following new report
February 25, 2026
A new report by the National Hurricane Center (NHC) in the United States (US) has confirmed that Hurricane Melissa, which affected Jamaica on October ...
{"jamaica-observer":"Jamaica Observer", "breaking-news":"Push Notifications"}
Digicel Foundation donates US$80,000 smart lab to Church Teachers’ College
Latest News, News
Digicel Foundation donates US$80,000 smart lab to Church Teachers’ College
February 25, 2026
KINGSTON, Jamaica — The Digicel Foundation has handed over a US$80,000 Smart Lab to Church Teachers’ College in Mandeville, Manchester, as part of eff...
{"jamaica-observer":"Jamaica Observer"}
Jamaica makes three changes to U-20 starting team against TCI
Latest News, Sports
Jamaica makes three changes to U-20 starting team against TCI
February 25, 2026
KINGSTON, Jamaica —  Jamaica has made three changes to the starting team to face Turks and Caicos Islands (TCI) in their  Concacaf U-20 Qualifiers - R...
{"jamaica-observer":"Jamaica Observer"}
Mt Pleasant avenge Harbour View loss in 4-1 JPL win
Latest News, Sports
Mt Pleasant avenge Harbour View loss in 4-1 JPL win
February 25, 2026
KINGSTON, Jamaica — Former champions Mt Pleasant FA avenged their surprise loss to Harbour View a week ago, hammering the east Kingston club 4-1 in th...
{"jamaica-observer":"Jamaica Observer"}
BOJ to launch finance-based game for children
Latest News, News
BOJ to launch finance-based game for children
February 25, 2026
KINGSTON, Jamaica — The Bank of Jamaica will launch an online financial educational game in April, targeting students in grades four to six at the pri...
{"jamaica-observer":"Jamaica Observer"}
Over $330m disbursed in Hanover under MLSS ROOFS programme
Latest News, News
Over $330m disbursed in Hanover under MLSS ROOFS programme
February 25, 2026
HANOVER, Jamaica — Grants worth $334.2 million have been disbursed to households in Hanover under the Restoration of Owner or Occupant Family Shelters...
{"jamaica-observer":"Jamaica Observer"}
❮ ❯

Polls

HOUSE RULES

  1. We welcome reader comments on the top stories of the day. Some comments may be republished on the website or in the newspaper; email addresses will not be published.
  2. Please understand that comments are moderated and it is not always possible to publish all that have been submitted. We will, however, try to publish comments that are representative of all received.
  3. We ask that comments are civil and free of libellous or hateful material. Also please stick to the topic under discussion.
  4. Please do not write in block capitals since this makes your comment hard to read.
  5. Please don't use the comments to advertise. However, our advertising department can be more than accommodating if emailed: advertising@jamaicaobserver.com.
  6. If readers wish to report offensive comments, suggest a correction or share a story then please email: community@jamaicaobserver.com.
  7. Lastly, read our Terms and Conditions and Privacy Policy

Recent Posts

Archives

Facebook
Twitter
Instagram
Tweets

Polls

Recent Posts

Archives

Logo Jamaica Observer
Breaking news from the premier Jamaican newspaper, the Jamaica Observer. Follow Jamaican news online for free and stay informed on what's happening in the Caribbean
Featured Tags
  • Editorial
  • Columns
  • Health
  • Auto
  • Business
  • Letters
  • Page2
  • Football
Categories
  • Business
  • Politics
  • Entertainment
  • Page2
  • Business
  • Politics
  • Entertainment
  • Page2
Ads
img
Jamaica Observer, © All Rights Reserved
  • Home
  • Contact Us
  • RSS Feeds
  • Feedback
  • Privacy Policy
  • Editorial Code of Conduct