Mexico Rejects U.S. Tariffs Against Venezuelan Oil
Mexican President Claudia Sheinbaum. March 26, 2025. X/ @El_Universal_Mx
March 26, 2025 Hour: 11:44 am
Sanctions do not affect just a government or an individual. They impact an entire nation, President Sheinbaum said.
On Wednesday, Mexican President Claudia Sheinbaum rejected the 25% tariffs imposed by the United States on countries that purchase oil or gas from Venezuela.
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“We do not agree with the imposition of economic sanctions on countries. It is a fundamental principle of Mexican foreign policy. These sanctions do not affect just a government or an individual; they impact an entire nation,” she said.
Sheinbaum was responding to an announcement made this week by U.S. President Donald Trump regarding the imposition of tariffs on those who buy Venezuelan oil or oil derivatives, whether directly or through a third party.
The measure will take effect on April 2, and the Republican leader has given Secretary of State Marco Rubio the authority to impose these tariffs on the countries deemed appropriate.
“We do not agree with the existence of economic sanctions on countries,” said Sheinbaum, clarifying that Trump’s decision will not affect Mexico because her country does not import oil from Venezuela.
“Our current goal is to maintain a production level of 1.8 million barrels per day over the next six years. We also aim to refine that oil in our own refineries so that Mexico can use the gasoline and diesel it requires,” she emphasized.
Over the past month, Sheinbaum has enacted laws to promote energy self-sufficiency, including new laws for the State Public Company of the Federal Electricity Commission (CFE), the Petroleos Mexicanos (PEMEX) law, and the Energy Planning and Transition law.
teleSUR/ JF
Source: EFE
