Trump Threatens Tariffs on Nations Selling Oil to Cuba

oil (News Central TV) oil (News Central TV)
Trump's threats pushed oil prices above $70. Credit:BGNES

US President Donald Trump has threatened to impose additional tariffs on countries that sell oil to Cuba, further increasing pressure on the country.

In an executive order signed on Thursday, the value of the tariffs was not specified, and the countries that would be targeted were also not mentioned, leaving those determinations up to his Secretary of Commerce.

Cuba, which has largely been under a US embargo, received most of its oil from Venezuela. But the United States has moved to block the flow after removing Havana’s key ally, Nicolas Maduro, from power and effectively seizing control of Venezuelan oil exports.

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Trump Threatens Tariffs on Nations Selling Oil to Cuba. Credit: Indian Express.

Following the operation, Trump has vowed to completely cut off oil and money going to Cuba.

“I strongly suggest they make a deal BEFORE IT IS TOO LATE,” he threatened in a social media post.

Havana’s foreign minister, Bruno Rodriguez, has called the latest move in a post on X (formerly Twitter) “a brutal act of aggression against Cuba and its people, who for more than 65 years have been subjected to the longest and cruellest economic blockade ever imposed.”

The order also invokes the International Emergency Economic Powers Act (IEEPA), calling the Cuban government an extraordinary threat to US national security.

Other tariffs invoked under the IEEPA are currently being challenged at the Supreme Court.

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