Trump's Canadian Oil Tariff Would Hit America's Heartland

How Trump’s Canadian Oil Tariff Would Hit America’s Heartland
The 10 percent tariff the president said he might impose in March could cause U.S. refineries to cut production and lead to higher prices.
Canada’s Trump Card in a Tariff War: Turning Off the Oil Taps
McKercher said the language used by Trump in his tariff directive “gives the game away.” Essentially, by proposing 25 per cent tariffs on Canadian goods, except energy which was set at 10 per cent, Trump is revealing the country’s dependency on cheap Canadian energy and a concern about prices rising too high for Americans.
Why U.S. gasoline prices could rise if Trump slaps tariffs on Canadian crude oil next month
U.S. refiners have become more reliant on heavy crude from Canada. Tariffs on Canadian crude oil imports could lead to higher gasoline prices for U.S. drivers.
Oil climbs on supply worries, Trump tariffs check gains
Oil prices extended gains on Tuesday amid concerns over Russian and Iranian oil supply and sanctions threats despite worries that escalating trade tariffs could dampen global economic growth. Brent crude futures were up $1.
Trump declares new tariffs, repeats threats to annex Canada
U.S. President Donald Trump is set to announce a 25 per cent tariff on all steel and aluminum imports on Monday, including those from Canada. Trump, once again, expressed a desire to make Canada the 51st state.
What does Trump really want from Canada and Mexico? It may come down to oil security and bringing both countries ‘under the US’s thumb’
"This means both a reliable, unimpeded flow of oil and natural resources from Canada and a safer Mexico. And that means both ...
Donald Trump’s Canada oil tariff sparks concerns over gas prices and trade relations
Trump’s planned 10% tariff on Canadian oil could disrupt U.S. refineries, raise gas prices, and strain trade ties, though the ...
Canada's Imperial Oil quarterly profit falls on weaker crude prices
Canadian oil producer Imperial Oil posted a fall in fourth-quarter profit on Friday, after lower crude prices offset the ...
Tariff Threat Spurs Canada to Rethink Limits on Oil Pipelines
Almost every day since the expansion of Canada’s Trans Mountain pipeline was completed in May, a tanker laden with oil sands ...
CBC.ca5d
Canada should discuss west-east oil pipeline now that American relationship has changed: minister
In 2023, Canada imported nearly 500,000 barrels of oil a day from countries like the United States, Saudi Arabia and Nigeria even though this country has the third-largest oil reserve in the ...
Trump eyes Feb. 18 for oil tariffs, expects lower duty for Canada
A tariff on oil imports could lead to lower production of fuel at those facilities and drive up costs for consumers, analysts ...
Trump on U.S. Imports of Oil and Lumber
Days before he ordered, and then paused, new tariffs on U.S. imports from Canada and Mexico, President Donald Trump argued that the U.S. does not need imported products such as crude oil and lumber ...
Trump says tariffs on Canada and Mexico coming Saturday, and he’s deciding whether to tax their oil
President Donald Trump says his 25% tariffs on Canada and Mexico are coming on Saturday. Trump also said he'll "probably” ...
Canada's TD Bank to sell Charles Schwab stake at $79.25 apiece
Elliott Investment Management has built an over $2.5 billion stake in U.S. oil refiner Phillips 66 , a person familiar with ...