In a surprising move, President Trump has exempted oil, gas, and refined products from new tariffs, sparking relief among U.S. oil producers worried about rising costs and disrupted supplies.
In a fierce interview, President Trump threatens significant tariffs on Russian crude oil unless a ceasefire in Ukraine is negotiated, escalating tensions with Moscow amid ongoing conflict.
President Trump has announced a significant escalation in economic measures against Venezuela, including a potential 25% tariff on goods from countries importing Venezuelan oil. This move comes amid rising threats from the Tren de Aragua gang and ongoing instability in Venezuela under Maduro's regime.
In a bold move, President Trump announces a 25% tariff on countries purchasing oil from Venezuela, effective April 2. This decision is linked to concerns over violent immigration from Venezuela, impacting global oil markets as prices surge.