Imposing Tariffs on Countries Importing Venezuelan Oil
1. Purpose
This document outlines the national emergency declared due to actions taken by the Maduro regime in Venezuela, assessing its impact on U.S. security and introducing a 25% tariff on goods from countries importing Venezuelan oil.
2. Key Actions And Directives
- Imposition of 25% Tariff: A 25% tariff on goods from any country importing Venezuelan oil will take effect on April 2, 2025.
- Authorization of Secretary of State: The Secretary of State, in consultation with key officials, will determine the countries affected by the tariff.
- Monitoring and Compliance: The Secretary of Commerce and associated officials will issue regulations for compliance and enforcement.
3. Important Points
- Basis for National Emergency: The emergency is rooted in Executive Order 13692 citing Maduro's regime as a threat to U.S. national security.
- Threat from Tren de Aragua: The Tren de Aragua gang, involved in terrorist activities, aggravates the destabilization linked to the Maduro regime.
- Scope of Sanctions: Sanctions under multiple executive orders are in place, targeting the Maduro regime's actions against U.S. interests.
- Definition of Venezuelan Oil: 'Venezuelan oil' includes any crude oil or petroleum products sourced from Venezuela, regardless of the exporting entity.
- Legal Disclaimer: The order does not grant any legal rights or benefits enforceable by any individual or entity against the U.S.
Disclaimer: ExecBrief's are AI generated, Please verify with the original source to confirm
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