Venezuela says Trump's tariff threat on oil buyers 'illegal' - Breaking The News
    Download our appPlay StoreApp Store

    Venezuela says Trump's tariff threat on oil buyers 'illegal'

    EPA-EFE/TIL BUERGY

    Venezuela said that United States President Donald Trump's threat to impose a 25% tariff on countries that purchase oil and gas from them is an "arbitrary, illegal and desperate measure."

    "Venezuela firmly and categorically rejects the new aggression announced by the President of the United States, Donald J. Trump, who intends to impose a secondary tariff of 25% on any country that trades with Venezuela in oil and gas," Venezuelan Foreign Minister Yvan Gil said on Telegram. "They have not been able to, and will not be able to, stop us. The policy of maximum pressure has failed in Venezuela and around the world," the statement published by the minister reads.

    The measure, Gil said, "far from affecting our determination, confirms the resounding failure of all the sanctions imposed against our country."

    Related News
    US reportedly creates template for tariff talks
    The United States Trade Representative's (USTR) office has reportedly prepared a template intended for use in trade negotiations that sets common terms for the talks, according to the Wall Street Journal, citing people familiar with the plans.The broad categories for negotiation are tariffs and quotas, non-tariff barriers to trade, digital trade, rules of origin for products, economic security and other commercial issues, said people familiar with a draft document...
    Trump: Opening China for US goods would be big win
    United States President Donald Trump told reporters on board Air Force One on Friday that he would like to "open China" for selling American products and stressed achieving that would be a "big win."However, Trump remained very cautious about that prospect, noting he may not even ask Beijing for such a thing as he thinks the Chinese "don't want it open." He then expressed a hint of optimism, pointing out his tariffs could make Beijing change its...
    Baker Hughes: US oil rig count up by 2 to 483
    The number of oil rigs in the United States stood at 483 in the week ending April 25, increasing by two from the previous week, according to the Baker Hughes weekly rig count released on Friday. The rig count fell by 23 on an annual basis.The US gas rig count was up by one to 99 in the reported week, while dropping by 6 compared to the same period last year. The total number of rigs in the country currently stands at 587, climbing up by two from last week...
    BoE's Greene: No idea what US tariffs will look like later
    Bank of England's Monetary Policy Committee member Megan Greene stated on Friday that central bank officials have "no idea" what US tariffs will look like "when the dust settles.""We are not sure if weakness in the UK economy is caused by demand or supply ... We are more worried about supply and really weak productivity growth," she added. "We should see some trade diversion coming from China."The official also mentioned worries regarding the effects...

    Please observe our Terms of Use. The price information is time delayed to varying extents, but as a rule by 15 minutes or more, according to the regulations of the selected stock exchange and/or licensors and the type of securities.

    © 2025 TeleTrader Software GmbH. All rights reserved

    This website uses cookies to ensure you get the best experience. Our Terms of Use and Data Protection Policy explain the data we collect, why we collect them, and how we may share them.