Part 4/13:
In addition to tariffs targeting trade imbalances, the administration announced a 25% tariff on Venezuelan oil imports aimed at increasing pressure on Nicolás Maduro's regime and China, the main buyer of Venezuelan crude. This measure raises existing duties, with China now facing a combined 45% tariff on certain goods traded with the U.S., potentially causing a short-term spike in oil prices. Yet, analysts predict that the overall impact on global markets will remain limited, even as markets exhibit volatility in response to these aggressive policies.