President Donald Trump on Monday said the U.S. will impose a 25% tariff on imports from any country that purchases oil or gasoline from Venezuela, targeting the South American nation for what he called "purposefully and deceitfully" sending criminals into the United States.

A U.S. plan to slap tariffs on countries buying sanctioned Venezuelan oil marks an unprecedented, and potentially potent, mixture of punitive economic measures against a geopolitical foe that Washington could replicate against other countries like Russia and Iran,

WASHINGTON: US President Donald Trump announced on Monday (Mar 24) steep tariffs on imports from countries buying Venezuelan oil and gas, a punitive measure that could hit China and Ind