Reported about 4 hours ago
Incoming President Donald Trump is set to implement a 25% tariff on oil imports from Canada and Mexico on his first day in office, according to sources. This move is part of a broader trade strategy aimed at addressing drug trafficking and immigration issues, but it raises concerns about rising energy prices as both countries supply a significant portion of U.S. crude oil. The Trump transition team has stated that such tariffs could boost American jobs and the economy.
Source: YAHOO