United States (US) president Donald Trump on Monday said he would levy a 25% tariff across the board on any country buying oil or gas from Venezuela, as he escalates trade wars with a number of US foes and allies.
“Venezuela has been very hostile to the US and the freedoms which we espouse,” he wrote on Truth Social. “Therefore, any country that purchases oil and/or gas from Venezuela will be forced to pay a tariff of 25% to the US on any trade they do with our country.”
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