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DONALD TRUMP'S THREAT OF SECONDARY TARIFFS INVENTS NEW TRADE TOOL
Cape Times
|March 26, 2025
PRESIDENT Donald Trump appeared to invent a new economic statecraft tactic this week by threatening what he dubbed "secondary tariffs" on countries that buy oil from Venezuela to choke off its oil trade with other nations.
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The threat, delivered via Truth Social post then confirmed in an executive order, said countries could face 25% tariffs on trade with the US if they purchase oil and gas from Venezuela, which is already under heavy US sanctions. The move was meant to pressure Venezuela for the "tens of thousands of high level, and other, criminals" that Trump said V
Dit verhaal komt uit de March 26, 2025-editie van Cape Times.
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