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Executive Order 14245Executive Order

Imposing Tariffs on Countries Importing Venezuelan Oil

Donald J. Trump
Signed: Mar 24, 2025
Published: Mar 27, 2025
Defense & National SecurityEconomy & Taxes
Standard Summary
Comprehensive overview

This executive order, issued by President Donald J. Trump on March 24, 2025, authorizes the imposition of a 25% tariff on all goods imported into the United States from any country that imports Venezuelan oil, either directly or through third parties. The stated purpose is to address what the order describes as an ongoing national security threat posed by the Venezuelan regime under Nicolás Maduro, citing concerns including support for transnational criminal organizations, destabilization of the region, and undermining of democratic institutions. The order is framed as an extension of existing sanctions and emergency measures related to Venezuela. The potential impact includes increased costs for U.S. importers and consumers of goods from affected countries, possible diplomatic friction with trading partners, and economic pressure on Venezuela by discouraging other nations from purchasing its oil. The order grants significant discretion to the Secretary of State to determine which countries will face tariffs and allows for periodic review of the policy's effectiveness.

Key Points

  • 1A 25% tariff may be imposed on all U.S. imports from any country that imports Venezuelan oil (directly or indirectly), effective April 2, 2025.
  • 2The Secretary of State has discretion to determine which countries will be subject to the tariff, in consultation with other cabinet officials.
  • 3Tariffs expire one year after a country's last import of Venezuelan oil, unless ended earlier by the Secretary of Commerce.
  • 4The order specifically notes that if China is subject to the tariff, it will also apply to Hong Kong and Macau to prevent evasion.
  • 5The order requires periodic reports to assess the effectiveness of the tariffs and the conduct of the Maduro regime.
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