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China, Trump and Venezuela

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The New York Times |
President Trump’s threatened tariffs on countries that buy oil from Venezuela are another example of how his trade moves could hit China the hardest even when China is not named as the target.
Reuters |
Canada and Mexico are the two largest sources of imported crude oil to the United States, while Europe is a significant source of imported fuel to the U.S. East Coast, which has a dearth of oil refine...
The New York Times |
The combination of lower oil prices and higher costs for essential materials like steel pipe threatens to squeeze domestic oil and gas producers.

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Trump’s tariff threats cast uncertainty over Venezuelan oil trade with China
The trade of Venezuelan oil to its main consumer, China, was severely disrupted on Tuesday due to an unexpected order from US President Donald Trump.
Trump’s Threatened Tariff on Buyers of Venezuelan Oil Could Squeeze China
Venezuela owes China’s banks about $10 billion, and its oil is about the only legal way it has to pay them back.
Trade of Venezuelan oil to China stalls after new Trump order
Trade of Venezuelan oil to top buyer China stalled on Tuesday after U.S. President Donald Trump's order threatening tariffs on countries buying from Caracas created fresh uncertainty, days after U.S.
Oil imports exempted from Trump’s sweeping tariffs
Imports of oil, gas and refined products were exempted from U.S. President Donald Trump’s sweeping new tariffs, the White House said on Wednesday.
Oil, metals, and crops hit as Trump’s tariffs threaten demand and economy
The levies were seen as more aggressive than expected, with a 10 percent duty on all exports to the US and even higher rates on about 60 nations.
Russia’s Oil-Tax Revenue Slides as Prices and Output Decline
Russia reaped less money from oil taxes last month as production fell and global crude prices declined. Oil-tax proceeds dropped by more than 15% from a year earlier to 956.8 billion rubles ($11.4 billion),
Oil and metals prices fall on concerns about the global economy.
The combination of lower oil prices and higher costs for essential materials like steel pipe threatens to squeeze domestic oil and gas producers.
Brent oil slumps nearly 7% on Trump tariffs, output boost by OPEC+
Oil prices fell on Thursday as the decision by the OPEC+ group to speed up unwinding of oil output cuts in May compounded already heavy losses following U.S. President Donald Trump's announcement of sweeping new import tariffs.
Nymex Overview: Petroleum Futures Swoon on OPEC+ Supply Hikes, Tariff Fears -- OPIS
Crude oil prices were down more than $5 and product futures were sharply lower by midday Thursday, hit by a decision by OPEC and its allies to increase supply in May and energy demand fears a day after President Trump announced sweeping new tariffs.
Venezuela oil import: Trump's new trade tariffs twist may shake up India's cost game, China not spared
US President Donald Trump said they will impose 25% tariff on oil and gas imports targeting countries buying Venezuelan crude from April 2. The decision could impact India's energy sector significantly,
USA TODAY on MSN9d
Trump says countries that buy oil, gas from Venezuela must pay 25% tariff to US
Venezuela's oil exports increased by 10.5% in 2024, with China accounting for 68% of Venezuela's crude oil exports, followed by the U.S. at 23%, Spain and Cuba at 4% apiece, and Singapore, Malaysia and Russia each at less than 1%, according to the U.S ...
Stars and Stripes6d
China’s government bristles at growing ties between the US and oil-rich Guyana
GEORGETOWN, Guyana — China’s government bristled Friday at the strengthening ties between Guyana and the United States in online comments a day after a visit to the South American country by U.S. Secretary of State Marco Rubio.
AOL9d
Trump is targeting Venezuela's oil exports, and China is caught in the middle
US President Donald Trump has announced an unexpected tariff that would hit China. On Monday, Trump introduced what he called "secondary tariffs" on all countries buying oil from Venezuela.
The Grand Junction Daily Sentinel10d
Trump to impose sharp tariffs on countries buying Venezuelan oil
These could hit China and India, with experts noting that Venezuela exports oil to both those countries, and to the United States and Spain. Trump told reporters Monday that the 25 percent tariff would be on top of existing rates. Caracas called the ...
Reuters7d
Petroleos de Venezuela SA
February 4, 2025 Venezuela oil exports rise on Chevron's cargoes, more supply to China Venezuela's oil exports ... history marked by broken diplomatic relations, sanctions and accusations of ...
Oil Tumbles as Surprise OPEC+ Hike, Trump Tariffs Depress Prices
Oil plunged the most since July 2022 after suffering a twin hit from President Donald Trump’s tariffs and an OPEC+ decision to increase output faster than previously announced.
Oil Producers Follow Trump’s Tariffs With a Surprise Increase
Saudi Arabia and other members of the OPEC Plus group accelerated their program to put more oil on the market, adding to a sharp fall in prices.
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