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March 24, 2025 10:18 PM

Trump to impose 25% tariff on countries that buy oil, gas from Venezuela

U.S. President Donald Trump said on Monday that any country that buys oil or gas from Venezuela will pay a 25% tariff on any trades made with the United States. This "secondary tariff" will take effect on April 2, Trump said in a Truth Social post. Trump said he is imposing the move because, he said, Venezuela has sent "tens of thousands" of people to the United States who have a "very violent nature." Earlier this month, Trump issued a 30-day wind down of a license that the U.S. had granted t...

January 20, 2025 11:01 AM

‘We thank President Trump’: TikTok on process of restoring service in US

Chinese social media app TikTok has expressed gratitude to President-elect Donald Trump for "providing the necessary clarity and assurance" after confirming it is in the process of restoring service in the United States. This development follows Trump’s pledge to restore access to TikTok, which had ceased functioning in the US on Saturday night to comply with the Biden administration’s ban order. In a post on X on Sunday, TikTok said, "In agreement with our service providers, TikTok is in ...

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Last Updated: 2nd Apr 2025