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U.S. consumers will see higher prices at the gas pump from President Donald Trump's decision on Saturday to apply tariffs on Canadian and Mexican oil, according to analysts and fuel traders. The ...
Trump has signed an executive order slapping a 25% tariff on imports from Canada, with a 10% charge on natural gas and oil. Under it, Mexico will also be hit with a 25% tax on imports, including oil.
Major U.S. companies such as Walmart, AutoZone and Lowe’s have already warned of price hikes if new tariffs take effect. Trump’s tariffs from his first term increased consumer prices in the ...
Fuel and energy. The US imported $97 billion worth of oil and gas from Canada last year, that country’s top export to the US. ... aluminum and home appliances already subject to tariffs), Trump ...
So what could get more expensive if Trump's tariffs do eventually go ahead? ... supplier of crude oil. According to the most recent official trade figures, 61% of oil imported into the US between ...
Gas, food and alcohol prices would also rise if Trump imposed Canadian and Mexican tariffs.. Sneaker prices would rise if Trump raised tariffs on China: About 99% of shoes sold in the United ...
LONDON/HOUSTON (Reuters) - U.S. President Donald Trump's trade tariffs on Canadian and Mexican oil imports will offer European and Asian refineries a competitive advantage against their U.S ...
Mexico and Canada account for 70% of U.S. crude oil imports, which make up a key input for the nation’s gasoline supply, according to the U.S. Energy Information Administration, a government agency.