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Oil futures ended lower Friday, contributing to a loss for the week, though prices held on to a gain for the month as traders awaited a tariff decision by President Donald Trump on crude imports from Canada and Mexico.
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The Trump administration is imposing tariffs on the three nations starting on Saturday, the White House said.
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The Trump White House's press secretary said Friday that tariffs on Canada, Mexico and China will come Saturday.
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Yields on U.S. government debt closed at their highest levels in a week on Friday after a spokeswoman for President Donald Trump confirmed that U.S. tariffs on Canada, Mexico and China will arrive tomorrow.
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The White House press secretary said the president would move forward with levies on America's largest trading partners on Saturday.
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Exclusive: Trump set to impose tariffs on Mexico, Canada starting on March 1, sources say ReutersThese prices could climb within days if Trump slaps tariffs on Canada and Mexico ABC NewsU.S. tariffs on Canada, Mexico expected to start March 1: sources CBC.caHigh Stakes for Global Companies in Trump's Latest Tariff Threats The New York Times
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