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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 ...
Canadian energy exports, including natural gas, hydroelectric power, and uranium, [4] were made subject to a ten percent tariff; Peter Navarro, Trump's trade advisor, stated that the lower rate was to "minimize any disruptive effects". [5] The order contains a clause that will increase tariffs if Canada, China, or Mexico retaliate. [6]
Canadian energy exports, including natural gas, hydroelectric power, and uranium, [9] were made subject to a ten percent tariff; Peter Navarro, Trump's trade advisor, stated that the lower rate was to "minimize any disruptive effects". [10] The order contains a clause that will increase tariffs if Canada, China, or Mexico retaliate. [11]
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 ...
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 ...
The lighter tariff on Canadian energy, which presumably would include crude oil and refined products, also suggests the White House seeks to avoid making Americans pay more for fuel and stoking ...
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 ...
President-elect Donald Trump's promise to levy strict tariffs -- essentially, taxes and trade penalties -- upon America's trade partners has made many economists, as well as everyday Americans, a...