WASHINGTON ¨C U.S. President Donald Trump said on Monday automobile tariffs were coming soon, even as he indicated that not all of his threatened levies would be imposed on April 2 and that some countries may get breaks ¡ª a move Wall Street took as a sign of flexibility on a matter that has roiled markets for weeks.
At the same time, Trump opened another front in a global trade war by slapping 25% secondary tariffs on any country that buys oil or gas from Venezuela, a directive that sent oil prices climbing.
At the White House, Trump told reporters not all the new tariffs would be announced on April 2, and said he may give ¡°a lot of countries¡± breaks on tariffs, but provided no details.
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