As fresh rounds of U.S. sanctions begin to affect Venezuela’s economy, the government in Caracas has been trying to reassure citizens that the country remains resilient against Washington’s pressure.

President Trump on Monday said the U.S. will impose a 25% tariff on imports from countries that purchase oil or gasoline from Venezuela.

WASHINGTON/HOUSTON (Reuters) - U.S. President Donald Trump said on Monday that any country buying oil or gas from Venezuela will pay a 25% tariff on trades with the U.S., while his administration extended a deadline for U.S. producer Chevron to wind down operations in the South American country.