US Tariff Exposure
US Tariffs on Venezuela
Updated August 2026 · source: USTR Section 301 & Federal Register
Venezuela has massive oil reserves but faces sanctions. A 15% tariff plus restrictions means very little Venezuelan oil reaches the U.S. CITGO, the Venezuelan-owned gas station chain, has its assets frozen in America.
Venezuela tariff rates by sector
| Sector | US tariff rate | Source |
|---|---|---|
| Petroleum | 15% | USTR / official |
| Chemicals | 15% | USTR / official |
| Minerals | 15% | USTR / official |
| Gold | 15% | USTR / official |
| Iron & Steel | 15% | USTR / official |
Venezuela trade & debt exposure to the US
- Frozen Assets in U.S. $7B CITGO refinery assets
- Defaulted Bonds $4.5B In default since 2017
Venezuela tariffs — FAQ
What is the US tariff rate on Venezuela?
Venezuela faces an effective US tariff of 12.5%, with Petroleum seeing the highest sector rate at 15%. Rates are drawn from USTR Section 301 schedules and recent Federal Register actions.
Which Venezuela sectors are hit hardest by US tariffs?
Petroleum (15%), Chemicals (15%), Minerals (15%).
What does Venezuela's tariff impact score mean?
28/100 — FinBrio's impact score combines the headline tariff rate, how many sectors are affected, and the country's trade exposure to the US into a single 0–100 measure of how hard US trade policy hits it.
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