Trump to impose high tariffs on countries buying Venezuelan oil. Will it impact India?

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Times of India 5d ago

Trump to impose high tariffs on countries buying Venezuelan oil. Will it impact India? - Times of India

Quick Summary:

US President Donald Trump announced 25% tariffs on imports from countries purchasing Venezuelan oil and gas, potentially affecting India, China, and others.

These tariffs aim to exert economic pressure on Venezuela, which Trump accuses of hostility and other malpractices.

The tariffs, effective from April 2, coincide with his broader plan for reciprocal tariffs on other nations.