Crisscross Oil Trade Complicates Trump’s Plans for Canada Tariffs
Today, reporter Robert Tuttle looks at the close integration of US-Canadian oil markets and what that means for Donald Trump’s tariff plans. Among US President Donald Trump’s flurry of threats during his first week in office was a vow to impose 25% tariffs on imports from Canada.
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The cheap Canadian oil America craves is becoming a key bargaining chip in President Trump’s threatened trade war.
I think he’s going to be wise in how he does that,’ the House speaker said Monday of Trump’s warnings to America’s neighbors.
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