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The Trump administration initiated long-awaited tariffs on top US trading partners Saturday. Mexico faces a 25% tariff, China 10%, and Canada 25%, but Canadian energy imports will see a lower duty ...
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 same goes for gas prices, especially in the Great Lakes and Rocky Mountain West, which depend on Canadian oil. Trump has repeatedly talked about bringing down gas prices, but the U.S. still ...
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 Donald Trump said his 25% tariffs on Canada and Mexico are coming on Saturday, but he’s still considering whether to include oil from those countries as part of his import taxes.
That has helped deliver more oil to be refined to much of the West Coast in addition to the Midwest. When Trump initially floated the 25% tariffs in November, Patrick De Haan, head of petroleum ...
Trump hints at tariffs to come. On Trump's first full day in office, as previously reported by USA TODAY, the president said he would levy a blanket duty of 25% on both Mexico and Canada starting ...
“If Trump does move ahead with tariffs, it would essentially boost the price of oil that these refineries are paying by 25%, which in this case today, would amount to about $15 a barrel,” he said.