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Some oil refineries will probably struggle to replace imported crude oil if President Trump imposes 25% tariffs on products from Canada and Mexico.
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US inflation is lingering and tariffs threatened by Trump could nudge prices in wrong direction The Associated PressThe Fed's go-to inflation gauge heated up again CNNKey Fed measure shows core inflation at 2.8%, in line with expectations CNBCInflation Worsened in December. What It Means for Fed Rate Cuts. Barron's
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President Trump renewed his threat to impose 25% tariffs on imports from Mexico and Canada as early as this weekend. The move could raise prices on everything from gasoline to guacamole.
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North America braces for new Trump tariffs as Saturday deadline nears Reuters CanadaYour complete guide to tariffs: How much you'll pay, and when CNNTrump Plans to Impose Tariffs on Mexico, Canada. But There Are Still Big Unknowns. Barron'sHigh Stakes for Global Companies in Trump's Latest Tariff Threats The New York TimesTrump tariffs: Canada ready with ‘forceful, immediate' response if US goes ahead - live
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Oil futures ticked lower Friday and were on track for weekly losses as traders awaited a decision by President Donald Trump on tariffs on imports from Canada and Mexico.
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Tariffs that President Donald Trump plans to slap on imports from Canada and Mexico as soon as this weekend could drive up the price of everything from gasoline and pickup trucks, to Super Bowl party guacamole dip.
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Trump says Canada and Mexico to be hit with 25% tariffs on Saturday BBC.comBiggest US trading allies brace for a ‘game of chicken' with Trump's tariffs The Guardian USCanada Tariff Biggest Threat To Great Lakes Since War Of 1812 ForbesWhat Trump's Aiming to Achieve With New Tariff Plans BloombergTrump Aides Hunt for 11th-Hour Deal to Dia
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President Donald Trump says his 25% tariffs on Canada and Mexico are coming on Saturday.
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