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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 ...
The tariffs on the two biggest sources of U.S. crude imports will raise costs for the heavier crude grades U.S. refineries need for optimum production, industry sources said, cutting their ...
However, there is empirical evidence showing that the 2018 tariffs on steel and aluminum did raise prices, Won Sohn said, noting a 2020 Federal Reserve study that found an increase in producer ...
The market anxiety ahead of Donald Trump's tariffs deadline focused Friday on oil and gas after the president acknowledged there could be issues including the energy staple in his overall plans.
Canada is expected to react forcefully and immediately to tariffs imposed by US President Donald Trump on its products. The US president said on Saturday that he was levying a 25% tariff on ...
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 States ...
LONDON (Reuters) -Oil prices were steady on Friday but on course for a weekly decline as markets wait to see if U.S. President Donald Trump follows through on his threat to impose tariffs on ...
During her presidential campaign, Vice President Kamala Harris said Trump's proposed tariffs would "raise prices on middle-class families by almost $4,000 a year" although different studies put ...