Trump Announces Additional Secondary Tariffs on Multiple Countries to Sanction Venezuela

US President Donald Trump announced on Monday, March 24, 2025 he will be installing additional tariffs on Venezuela. The details come from two statements in an announcement on his Truth Social account: a plan to put “a Secondary Tariff  on the Country of Venezuela”, and a much broader, consequential statement, that: “any Country that purchases Oil and/or Gas from Venezuela will be forced to pay a Tariff of 25%” on any trade done with the USA.

If the latter statement is understood in its most inclusive sense, then imports from multiple countries will be subject to an additional 25% tariff at the time of entry. The United States received 32% of Venezuela’s oil exports in 2023. China received 50%, and India received 1.5%.

Other countries notwithstanding, this presumptively means the US will shortly cease imports of Venezuelan oil, and more saliently: imports of Chinese and Indian goods – among those of several other countries, such as Brazil, Malaysia, Turkey, and many European nations – could face an additional 25% tariff on imports into the United States. That 25% would be in addition to other secondary tariffs currently in place, such as those on aluminum and steel, and those against Mexico, Canada, and China.

The documentation associated with the tariffs will be signed and registered on April 2, 2025.

Using executive powers, the President can prescribe or revoke trade sanctions in a matter of hours. Allyn International’s service suite includes consultation on current and developing issues in the US trade community. Reach Allyn here for a consultation or, contact us sales@allynintl.com or 239-489-9900.

Contributor: Andrew Dosher

---

About Allyn International 

Allyn International is dedicated to providing high quality, customer centric services and solutions for the global marketplace. Allyn's core products include transportation management, logistics sourcing, freight forwarding, supply chain consulting, tax management and global trade compliance.  Allyn clients range from small local businesses to Fortune 500 firms. Allyn conducts business in more than 20 languages and has extensive experience in both developed and emerging markets. Highly trained experts are positioned throughout North America, Europe, and Asia. Allyn’s regional headquarters are strategically located in Fort Myers, Florida, U.S.A., Shanghai, P.R. China and Prague, Czech Republic. For more information, visit www.allynintl.com.