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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.

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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.

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

Supreme Court tariffs and Albanese approval drop: What you need to know

Supreme Court’s tariff decision could reshape U.S. trade, while Albanese faces approval drop amid rising One Nation support.

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Supreme Court’s tariff decision could reshape U.S. trade, while Albanese faces approval drop amid rising One Nation support.


The political and economic landscape is shifting on two fronts. In the United States, the Supreme Court is set to deliver a pivotal decision on tariffs that could reshape global trade, affect inflation, and influence U.S. economic growth. Chris Berg from RMIT University joins us to explain the stakes, from the political impact at home to the long-term implications for international relations and business strategy.

Meanwhile, in Australia, Prime Minister Anthony Albanese faces a steep drop in approval ratings as support for Pauline Hanson and her One Nation party surges. Recent events, including the Bondi massacre, have influenced voter sentiment, driving Labor’s primary vote down to 30 percent. Chris Berg breaks down what this means for Labor, the Coalition, and the upcoming elections, offering insight into broader public opinion trends and potential strategies moving forward.

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#USTariffs #GlobalTrade #Inflation #Albanese #OneNation #AustralianPolitics #EconomicImpact #ChrisBerg


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Politics

Global tensions unpacked: Venezuela, Iran, China & Australia’s Bondi Commission

Professor Tim Harcourt analyzes Venezuela’s geopolitical shifts post-U.S. military operation, affecting oil markets and global alliances.

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Professor Tim Harcourt analyzes Venezuela’s geopolitical shifts post-U.S. military operation, affecting oil markets and global alliances.


Professor Tim Harcourt from UTS breaks down the rapidly shifting geopolitical landscape in 2026, focusing on the dramatic situation in Venezuela and its ripple effects across global power plays. We explore how the United States’ recent military operation and capture of Nicolás Maduro have reshaped Venezuelan politics, oil markets, and strategic alliances, especially with China, Russia, and Iran.

With Venezuela sitting on nearly 20% of the world’s proven oil reserves, the stakes are enormous, and Harcourt helps unpack the economic and political drivers behind U.S. intervention and China’s response.

We also delve into how the U.S. actions in Venezuela tie into broader geopolitical frictions — particularly Washington’s efforts to curb Chinese influence in Latin America, even as Beijing denounces the operation as a violation of sovereignty and frames its position in multilateral fora. The conversation peels back the layers of how energy, economics, and security intersect in one of the most consequential flashpoints this year.

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#Geopolitics #Venezuela #USForeignPolicy #ChinaRelations #OilPolitics #InternationalRelations #TimHarcourt


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Politics

Albanese announces royal commission into Bondi terror attack

PM Albanese announces royal commission into Bondi terror attack to promote healing and investigate anti-Semitism, amid public pressure.

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PM Albanese announces royal commission into Bondi terror attack to promote healing and investigate anti-Semitism, amid public pressure.


Prime Minister Anthony Albanese has announced a royal commission into the Bondi terror attack, responding to mounting public pressure. The inquiry aims to help the nation heal and learn from the tragedy that claimed 15 lives.

The royal commission will replace a state-led investigation and be chaired by former High Court judge Virginia Bell. Albanese confirmed the inquiry could examine government decision-making and promised full cooperation with requests for evidence.

While the announcement was welcomed by advocacy groups, some families of the victims expressed disappointment over the lack of prior consultation. The terms of reference will prioritise tackling anti-Semitism while also leaving space to investigate other forms of hate, including Islamophobia.

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#BondiAttack #RoyalCommission #AnthonyAlbanese #AustraliaNews #TerrorAttack #AntiSemitism #Islamophobia #TickerNews


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