Trump says he'll impose tariffs on oil and gas imports next month, and eventually on pharmaceuticals
President Trump on Friday said the U.S. will impose tariffs on oil and gas imports, likely next month, as well as tariffs on CHIP semiconductor technology and pharmaceuticals eventually. "Eventually, we're going to put tariffs on CHIPS," the president told reporters in the Oval Office on Friday. We're going to put tariffs on oil and gas."
How oil emerged as a central sticking point in the Trump tariff talks
The market anxiety ahead of Donald Trump's tariffs deadline focused Friday on oil and gas after the president acknowledged there could be issues including the energy staple in his overall plans.
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” decide on Thursday night whether to include oil from those countries as part of his import taxes.
Trump eyes Feb. 18 for oil tariffs, expects lower duty for Canada
U.S. President Donald Trump said on Friday he expects his administration to impose tariffs related to oil and gas around Feb. 18 and it could reduce the planned levy on some Canadian crude. The U.S. imports some 4 million barrels per day of oil from Canada,
Trump says he'll hit Canada with 25% tariff, 'probably' 10% on oil
U.S. President Donald Trump says he is 'not looking for concessions' from Canada as the White House confirmed he's going forward with 25 per cent levies on imports from Canada on Saturday. Trump added he will 'probably' set tariffs on Canadian oil at 10 per cent.
Why Trump is going to have a hard time lowering oil prices
"Despite the 'energy emergency' claims, the US is producing energy in record quantities," JPMorgan Asset Management wrote.
Oil ticks up after hours on possibility of lower US tariff on Canadian oil
Oil prices rose in aftermarket trading on Friday as U.S. President Donald Trump said he expects his administration to ...
Oil prices post weekly drop as outline of Trump’s tariff plans emerges
Oil futures ended lower Friday, contributing to a loss for the week, though prices held on to a gain for the month as traders ...
Grist on MSN1d
Trump wants more drilling, but the oil market is already saturated
Oil companies cheered Trump’s recent calls for a more streamlined process and a series of energy-related executive orders he ...
Oil prices to see little upside as weak demand, supply glut concerns persist
Sluggish demand from China and oversupply worries will keep oil prices anchored below $80 a barrel this year, a Reuters poll ...
Tariffs Won’t Sink Canadian Oil Companies
The U.S. has become reliant on their crude, and Canada has ways to limit any financial hit.