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James Hole's avatar

Think we may need to source a darker shade of orange felt tip for you Sam

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Nadine Jones, GCSupport's avatar

I knew about secondary sanctions, but I had never heard about "secondary tariffs" until I saw the March 25, 2025 EO concerning Venezuelan oil. The EO states that any country seeking to export goods to the US will be subject to a 25% additional tariff if they also import oil from Venezuela.

To apply secondary tariffs on countries exporting goods to the USA which also imports Chinese low-value goods would be quite stunning, especially since the 25% additional tariffs are not goods or origin specific.

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