White House Venezuelan Oil Tariffs

Updated on: Mar 28, 2025

Latest Event


  • Mar. 27, 2025 White House EO Fed Reg
  • On Mar. 27, 2025, White House published Executive order 14245 in federal register.
  • Concurrently, on Mar. 25, White House issued fact sheet on order imposing tariffs on countries importing Venezuelan oil and declaring continued national emergency.
  • 25% tariff to apply if a country imports Venezuelan oil directly or through a third party.
  • If tariffs imposed on China, will also apply to Hong Kong and Macau to prevent evasion
  • Noted Maduro regime poses unusual and extraordinary threat to US national security.

On Mar. 24, White House issued EO re Venezuelan oil purchasing.

  • White House issued executive order (EO) Imposing tariffs on countries importing Venezuelan oil, declaring continued national emergency re VEN originally from 2015.
  • Also cites Maduro regime and the Tren de Aragua gang as national security threats.
  • Maduro Regime
  • Tren de Aragua, a Venezuelan transnational criminal group, is now designated as a Foreign Terrorist Organization due to violent, destabilizing activities across Americas.
  • The Maduro regime is held responsible for undermining democracy, fostering corruption, enabling forced migration, and worsening the Americas humanitarian crisis.
  • The regime aided and facilitated the influx of Tren de Aragua members into the US.
  • Tariffs on Countries Importing VEN Oil
  • Starting Apr 2, 2025, the US may impose a 25% discretionary tariff on imports from any country that buys Venezuelan oil, expiring 1 year after a country ceases buying oil.
  • Tariff will be imposed by Secretary of State and with the Secretary of Commerce will be responsible for determining oil origin, enforcement, issuing implementation rule.
  • Agencies report to President every 180 days on impact of tariffs to Maduro regime.
  • Mar. 27, 2025 White House EO Fed Reg
  • On Mar. 27, 2025, White House published Executive order 14245 in federal register.
  • Concurrently, on Mar. 25, White House issued fact sheet on order imposing tariffs on countries importing Venezuelan oil and declaring continued national emergency.
  • 25% tariff to apply if a country imports Venezuelan oil directly or through a third party.
  • If tariffs imposed on China, will also apply to Hong Kong and Macau to prevent evasion
  • Noted Maduro regime poses unusual and extraordinary threat to US national security.
Regulators
US State Dept; White House
Entity Types
Corp
Reference
EO 14245, 90 FR 13829, 3/27/2025; Info, 3/25/2025; Sp, EO, 3/24/2025;
Functions
AML; Compliance; Financial; Legal; Trading
Countries
United States of America; Venezuela; Cross-Border
Category
Central Government
State
N/A
Products
Commodities; Corporate
Rule Type
Final
Regions
Am
Rule Date
Mar 24, 2025
Effective Date
Mar 24, 2025
Rule ID
248210
Linked to
N/A
Reg. Last Update
Mar 27, 2025
Report Section
US Investment