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Trump To Impose Sharp Tariff On Countries Buying Venezuelan Oil

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US President Donald Trump speaks during a cabinet meeting in the Cabinet Room of the White House on March 24, 2025, in Washington, DC. 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.

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