Trump tariffs-led spike in energy prices is temporary, oil prices could ‘plummet’ as global growth slows
Oil prices are likely to fall in the longer run after the initial jump following Donald Trump's implementation of hefty tariffs, said industry watchers.
Trump's tariffs to have limited impact on oil, gas prices, Goldman Sachs says
The new tariffs imposed by U.S. President Donald Trump on imports from Canada, Mexico, and China are likely to have a limited near-term impact on global oil and gas prices, Goldman Sachs said in a note on Sunday.
Dow futures tumble, oil surges after Trump tariffs end ‘self-delusion in markets’
U.S. stock-index futures opened sharply lower and oil prices jumped Sunday night and investors braced for volatility across financial markets after President Donald Trump over the weekend announced heavy tariffs on imports from Canada,
Oil rises as Trump slaps tariffs on biggest crude supplier to US
Oil advanced as US President Donald Trump placed hefty tariffs on a range of imports, including crude from Canada and Mexico, threatening higher costs for American consumers. US marker West Texas Intermediate (WTI) jumped as much as 3.
Oil prices climb after US tariffs spark supply disruption fears
Oil prices jumped on Monday after U.S. President Donald Trump imposed tariffs on Canada, Mexico and China, raising fears of crude supply disruption from the two biggest suppliers to the U.S., but the prospect of lower fuel demand capped gains.
Gas prices set to rise as Trump tariffs hit Canadian, Mexican oil
Tariffs on oil imports mean higher costs for making finished fuels like gasoline, much of which is likely to be passed along to U.S. consumers.
Oil prices jump on supply disruption fears from US tariffs
U.S. West Texas Intermediate crude futures were at $73.97 a barrel, up $1.44, or 2%, by 0042 GMT, after hitting more than a ...
Trump says tariffs on Canada and Mexico coming Saturday, and he’s deciding whether to tax their oil
President Donald Trump says his 25% tariffs on Canada and Mexico are coming on Saturday. Trump also said he'll "probably” ...
Trudeau Details Canada’s Retaliation Plans in Emotional Rebuke of Trump Tariffs
Even as Canada’s prime minister announced more than $100 billion in retaliatory tariffs, he made clear that he was imposing ...
Trump imposes 25% tariffs on Canada and Mexico; China is hit with 10%
The new tariffs on imports from all three nations ‒ which are on top of existing taxes and go into effect on Tuesday.
Trump says Americans could feel 'some pain' from his new tariffs
The trade penalties that Trump signed Saturday caused a mix of panic, anger and uncertainty, and threatened to rupture a ...
Trump says Americans may feel 'pain' in trade war with Mexico, Canada, China
President Donald Trump said the sweeping tariffs that he has imposed on Mexico, Canada and China may cause "short term" pain ...
How will President Trump's tariffs on imports from Canada, Mexico, China affect NJ?
President Donald Trump signed 3 executive orders imposing 25% tariffs on imports from Canada and Mexico, and a 10% duty on ...
Trump Puts Tariffs on Canada, Mexico, and China, Spurring Trade War as North American Allies Respond
WASHINGTON— President Donald Trump on Saturday signed an order to impose stiff tariffs on imports from Mexico, Canada and ...
Trump says Americans could feel 'some pain' from new tariffs
President Donald Trump said Sunday that Americans could feel “some pain” from the emerging trade war triggered by his tariffs ...