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Politics

Trump proposes 25% tariff on Venezuela oil imports

Trump announces 25% tariff on nations buying Venezuelan oil; markets expect potential easing of other planned tariffs.

Published

11 months ago

on

Trump announces 25% tariff on nations buying Venezuelan oil; markets expect potential easing of other planned tariffs.

In Short

Trump voiced concerns over U.S. tariffs and announced a new 25% tariff on nations importing oil from Venezuela. This increase, alongside existing tariffs on China, has led to positive market reactions and a licence extension for Chevron’s operations in Venezuela.

Trump expressed his discomfort over the tariffs imposed on the U.S. during recent comments.

He indicated that he would outline a series of tariffs on April 2, which he termed “liberation day.” Some tariffs on goods like cars and pharmaceuticals may be delayed.

Following his statements, markets reacted positively, anticipating a potential reduction in tariffs.

Trump announced a new 25% tariff on nations buying oil or gas from Venezuela, which would compound existing tariffs, including a 20% tariff on China, resulting in a total of 45% tariffs against this trade partner.

In a related development, the Treasury Department has extended Chevron’s operating license in Venezuela until late May. Previously, the administration had planned to give Chevron 30 days to cease operations in the country.

Chevron had sought this license extension, which was discussed in a recent meeting between Trump, Chevron CEO Mike Wirth, and various oil industry executives.

Chevron was granted a license to operate in Venezuela in 2022 after being barred by the previous administration.

The Treasury noted that the license prevents Chevron from paying taxes to the Venezuelan government or exporting oil elsewhere apart from the U.S.

Trump labelled the new tariff as a “secondary tariff” aimed at addressing migrant flows from Venezuela, linked to gang activity.

Countries importing Venezuelan oil include China, India, Spain, and Malaysia. Trump affirmed that any nation engaging in oil trade with Venezuela will incur the 25% tariff.

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Ahron Young is an award winning journalist who has covered major news events around the world. Ahron is the Managing Editor and Founder of TICKER NEWS.

Politics

Sussan Ley faces leadership pressure amid coalition turmoil

Sussan Ley faces rising pressure as Liberal Party dissent grows; political stability at risk, per Chris Berg.

Published

1 day ago

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February 9, 2026

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Sussan Ley faces rising pressure as Liberal Party dissent grows; political stability at risk, per Chris Berg.


Liberal leader Sussan Ley is under growing pressure less than a year into her role, as internal party dissent intensifies and narratives form questioning her judgement. Political insiders suggest her leadership could face serious challenges in the coming months.

Professor Chris Berg from RMIT University breaks down the forces driving instability in Australian politics, examining how party dynamics and public perception influence leadership survival.

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#SussanLey #AustralianPolitics #LiberalParty #LeadershipCrisis #PoliticalAnalysis #ChrisBerg #RMITUniversity #TickerNews


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Politics

Liberal Party turmoil sparks coalition decline and One Nation surge

The Liberal Party faces internal crisis as One Nation gains support; political experts discuss implications and necessary reforms.

Published

1 week ago

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February 2, 2026

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The Liberal Party faces internal crisis as One Nation gains support; political experts discuss implications and necessary reforms.


The Liberal Party is in crisis as internal conflicts and controversies shake the Coalition’s stability. Political analysts warn that these events could have long-lasting effects on Australia’s political landscape.

One Nation is seizing the moment, gaining momentum as voter confidence in the Liberals weakens. The party’s leadership struggles and public perception challenges highlight a growing political shift in the country.

Professor Chris Berg from RMIT University joins Ticker to explain the drama, public reactions, and lessons the Liberal Party must learn to restore unity and prevent further decline.

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#LiberalParty #AustralianPolitics #CoalitionCollapse #OneNationRise #PoliticalTurmoil #ElectionWatch #PartyDrama #LeadershipCrisis


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Politics

Sussan Ley vows to stay on as Coalition tensions escalate

Sussan Ley remains confident as Liberal leader, focusing on accountability while leaving the door open for Coalition talks.

Published

3 weeks ago

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January 23, 2026

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Sussan Ley remains confident as Liberal leader, focusing on accountability while leaving the door open for Coalition talks.


Sussan Ley says she has the backing to remain Liberal leader despite the Nationals refusing to rejoin the Coalition under her leadership.

She insists her focus is on holding the government to account while keeping the door open for future talks.


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