The Expanding U.S. Economic Statecraft: The Introduction Of “Secondary Tariffs”
By EsqSocial Corporation 08/04/25
On 24 March 2025, President Trump issued Executive Order 14245 authorizing Secretary of State Marco Rubio to impose a 25 percent tariff on all goods imported into the United States from any country that directly or indirectly imports Venezuelan oil (i.e., crude oil or petroleum products extracted, refined, or exported from Venezuela). The Secretary of State can impose these “secondary tariffs” if Secretary of Commerce Howard Lutnick determines that a country has imported Venezuelan oil directly...
By: K2 Integrity