Oil, gasoline prices jump after Trump slaps tariffs on Canada crude
Oil futures were up sharply Monday after President Trump over the weekend slapped tariffs on Canada, Mexico and China, sparking worries over U.S. crude imports, though upside was limited by concerns a trade war would dent demand.
Trump tariffs to impact consumer prices, more: What you need to know
Trump declared an economic emergency to place duties of 10% on all imports from China and 25% on imports from Mexico and Canada. Energy imported from Canada, including oil, natural gas and electricity, would be taxed at 10%. The tariffs on the United States’ three largest trading partners will go into effect on Tuesday.
Just about everyone thought it was a bluff. Top analysts from the biggest banks on Wall Street said it was highly unlikely.
Oil prices jumped on Monday after U.S. President Donald Trump imposed tariffs on Canada, Mexico and China, raising fears of ...
Stock markets around the world fell as President Trump imposed tariffs on key trading partners Canada, Mexico and China.
Trump signed an executive order Saturday that adds a 10 percent tariff on oil, natural gas, coal, uranium and other energy ...
The new tariffs imposed by U.S. President Donald Trump on imports from Canada, Mexico, and China are likely to have a limited ...
U.S. stock-index futures opened sharply lower and oil prices jumped Sunday night and investors braced for volatility across ...
Oil prices are likely to fall in the longer run after the initial jump following Donald Trump's implementation of hefty ...
Canadian oil producers are expected to face the largest hit from U.S. President Trump's 10% tariff on energy products, according to Goldman Sachs. Canada exports 4 million barrels a day of crude oil ...
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