Trump Inflation on the Way: Trump’s Proposed Tariffs on Canadian Oil Would Drive Up U.S. Pump Prices, Analysts Warn

Summary Tariffs could raise US fuel prices by 10%, analysts say Many refineries configured to run heavy Canadian grades Midwest refineries most reliant on Canadian crude imports Gulf Coast refiners have some capacity to import more OPEC oil (Reuters) – U.S. President-elect Donald Trump’s pledge to impose tariffs on Canada would drive up fuel prices for … Read more