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RandAlThor@lemmy.ca to Canada@lemmy.ca · 6 months ago

Exclusive-Trump would impose 25% tariffs on oil from Mexico and Canada under trade plan, sources say

finance.yahoo.com

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Exclusive-Trump would impose 25% tariffs on oil from Mexico and Canada under trade plan, sources say

finance.yahoo.com

RandAlThor@lemmy.ca to Canada@lemmy.ca · 6 months ago
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Exclusive-Trump plans no exemption for oil imports under new tariff plan, sources say
finance.yahoo.com
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(Reuters) -U.S. President-elect Donald Trump's plan to impose 25% tariffs on Canadian and Mexican imports in his first day in office does not exempt crude oil from the trade penalties, two sources familiar with the plan told Reuters on Tuesday. Trump's tariff threats are broad and include oil imports, the two sources said, both adding that Trump often takes an aggressive posture at the beginning of negotiations. The U.S. refining industry was hoping Trump would exempt oil imports over concerns that they would lead to the type of energy price spikes the former president vowed to eliminate when he took the White House.
  • Infomatics90@lemmy.ca
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    6 months ago

    The river must flow

    • xmunk@sh.itjust.works
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      6 months ago

      The beaver who can destroy the flow of the water is the one who truly controls it.

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