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Trump announces 25% tariff on nations buying Venezuelan oil

Trump has declared April 2 as "LIBERATION DAY," according to his vague plans to impose equal import taxes.

He further reiterated a 25% tariff on Mexico and Canada, the two largest US trading partners.

He has also raised his 2018 steel and aluminum tariffs to 25% on all imports.

However, Trump told reporters on Friday that there would be "flexibility" in his tariffs and later on Monday said, "I may give a lot of countries breaks."

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