Trump’s Shocking Tariff Move. Trump has announced a shocking 25 tariff on all countries importing oil and gas from Venezuela, set to take effect on April 2. Trump justified the move by accusing Venezuela of sending Tren de Aragua gang members to the U.S., designating the group as a foreign terrorist organization. The tariff is expected to impact global oil markets, with India, China, and other major importers facing higher costs. Meanwhile, Trump has also hinted at a possible Chevron exemption, signaling a complex energy policy shift.