Trade
Imposing Tariffs on Countries Importing Venezuelan Oil
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Authority:
- Issued by President Donald J. Trump under the Constitution and various acts, particularly the International Emergency Economic Powers Act and the National Emergencies Act.
- Continues the national emergency declared regarding Venezuela.
Threat Assessment:
- Actions and policies of Nicolás Maduro's regime threaten U.S. national security.
- Activities of Tren de Aragua gang, a designated terrorist organization, have exacerbated this threat.
- Venezuela's support for illicit activities warrants further economic measures.
Key Actions:
Designation of Tren de Aragua:
- Identified as a Foreign Terrorist Organization due to violent activities destabilizing communities.
- Acknowledges the prior administration's policies contributed to their infiltration in the U.S.
Existing Sanctions:
- Sanctions from multiple Executive Orders remain in effect due to continued threats from the Maduro regime:
- Undermining democratic institutions.
- Economic mismanagement and corruption.
- Humanitarian and public health crises.
- Regional destabilization through migration.
- Sanctions from multiple Executive Orders remain in effect due to continued threats from the Maduro regime:
Tariff Implementation:
- Starting April 2, 2025, a 25% tariff on goods imported from countries importing Venezuelan oil (directly or indirectly).
- The Secretary of State can impose these tariffs at their discretion.
Implementation Authorities:
- Various Secretaries (State, Treasury, Commerce, Homeland Security) authorized to determine compliance and impose tariffs.
- Coordination for assessing oil imports and compliance across executive departments.
Reporting Requirements:
- Periodic reports to be submitted to the President every 180 days assessing tariff effectiveness and Maduro's actions.
Definitions:
- "Venezuelan oil" includes crude oil and petroleum products from Venezuela; "indirectly" covers purchases through intermediaries.
Effectiveness:
- Order becomes effective at 12:01 a.m. Eastern Daylight Time on April 2, 2025.
Legal Provisions:
- Clarifies that the order does not impair existing legal authorities and does not create enforceable rights against the U.S.