Trump Plans Tariff on Countries Buying Venezuelan Oil
Good morning. Trump vows a 25% levy on countries buying Venezuelan oil. Airbus’s CEO suggests net zero may be even further away than 2050. And Hollywood stars take a break from high-brow films for action blockbusters. Listen to the day’s top stories.
Donald Trump threatened a 25% tariff on any nation purchasing oil and gas from Venezuela, ratcheting up his dispute with the country over immigration with a move that risks roiling the global energy trade. The potential measure would weigh particularly heavy on China—a major buyer of Venezuelan crude that’s already in the crosshairs for 20% levies. Keep track of the tariff web here.