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Oil and gas prices jumped on Monday after Trump imposed tariffs over the weekend. The tariffs, which will take effect on Feb. 4, include a 25% levy on most goods from Mexico and Canada, with a 10% ...
President Donald Trump kept his promise. He threatened tariffs, he carried them out, and investors the world over have hated it so far. On Feb. 1, Trump slapped tariffs on Mexico, Canada, and ...
Trump also struck a deal with Canada to delay his 25% tariffs on Canadian goods (10% on oil and natural gas) for a month. But 10% tariffs on China are expected to go into effect Feb. 4.
Trump’s tariffs on Mexico, Canada and China, along with those countries’ retaliatory tariffs, could wipe out 1.5 percentage points from US gross domestic product growth (GDP) in 2025 and ...
Except that President Donald Trump is imposing this tariff “pain” on American consumers at a time of extraordinary sensitivity to price hikes. Trump’s first tariff action was a new 10% ...
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.
Trump also mentioned his intent to impose tariffs on Canada and Mexico starting Feb. 1, sparking concerns of a trade war that could impact economic growth and, as a result, oil consumption.
President Donald Trump threatened business leaders with higher tariffs, vowed to “demand” decreased oil prices from Opec and called for lower interest rates from central banks in a boast ...