Oil Producers Balk at Team Trump’s Tariff Plan for Canadian Imports
Tuesday, 26 November 2024 () When Donald Trump floated the idea of slapping 25% tariffs on Canadian and Mexican imports, it was more than just a shot across the bow—it was a cannonball aimed squarely at North America’s deeply entwined trade ecosystem. U.S. oil producers are warning that a tariff on heavy oil imported from Canada would raise consumer prices at the pump. Some pundits are dismissing these threats as political bluster, while others are cautioning not to shrug off the notion entirely. If enacted, these tariffs could strain trilateral relations built…
In a dramatic shift in U.S. foreign policy, President-elect Donald Trump is poised to ramp up pressure on Iran, with plans to tighten sanctions and choke off Tehran's vital oil revenue. Sources close..
Tuesday, 26 November 2024 ()
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