Trump Plans Tariffs on Countries Buying Energy From Venezuela -- WSJ

Dow Jones03-24

By Alex Leary and Collin Eaton

President Trump said he would impose a 25% tariff on any country that purchases oil or gas from Venezuela, an arrangement that could allow Chevron to continue to continue to do business there.

Trump didn't mention Chevron in a social-media post Monday but the company had lobbied for a reversal of an administration decision to revoke its license to operate in Venezuela. The tariff idea was discussed during a White House meeting last week with Trump and Chevron CEO Mike Wirth.

The White House didn't immediately respond to a request for additional details. Chevron declined to comment.

This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage).

(END) Dow Jones Newswires

March 24, 2025 11:25 ET (15:25 GMT)

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