Trump is targeting Venezuela's oil exports, and China is caught in the middle

US President Donald Trump takes aim at Venezuelan oil buyers.

Chip Somodevilla/Getty Images

• Trump announced secondary tariffs on countries buying Venezuelan oil, effective April 2.
• The tariffs aim to weaken President Nicolás Maduro's regime and indirectly target China's oil imports.
• Global oil prices rose on Trump's indirect tariffs as they raise supply concerns.

US President Donald Trump has announced an unexpected tariff that would hit China.

On Monday...