Executive Order

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Imposing Tariffs on Countries Importing Venezuelan Oil

AI Summary: This is a policy document (Executive Order) that imposes tariffs on countries importing Venezuelan oil. The regulation establishes a 25 percent tariff on goods imported from countries that import Venezuelan oil, directly or indirectly, starting April 2, 2025. The order is justified by citing the Maduro regime's ongoing threats to U.S. national security, including the activities of the Tren de Aragua gang, systematic undermining of democratic institutions, economic mismanagement, and destabilization of the Western Hemisphere. The Secretary of State, in consultation with other government officials, has the authority to determine which countries will be subject to the tariffs. The tariffs will expire one year after the last date of Venezuelan oil imports by a country, or earlier at the discretion of government officials. The order requires periodic reporting on the effectiveness of the tariffs and the conduct of the Maduro regime, with reports due every 180 days. The definition of "Venezuelan oil" includes crude oil and petroleum products extracted, refined, or exported from Venezuela, with "indirect" imports broadly defined to include purchases through intermediaries where the origin can be traced to Venezuela.