President Donald Trump announces a new round of tariffs targeting nations that import oil and gas from Venezuela, marking a significant escalation in his administration’s economic pressure on the socialist-led country. Speaking during a White House Cabinet meeting, Trump says the 25% secondary tariff, which takes effect April 2, is aimed at punishing countries that continue to support what he calls a “criminal regime” by purchasing Venezuelan energy exports.
The announcement directly targets countries like China, Russia, and Spain—key buyers of Venezuelan crude. Trump accuses Venezuela of. . .