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Article Summary
- Trump's threat of imposing tariffs on Canadian aluminum and steel
- Canada's response and potential retaliatory measures
- The impact of these tariffs on the energy sector
- Potential consequences for the overall economy
- Analysis of the escalating trade tensions between the U.S. and Canada Tone: Concerned and critical
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Trumps Tariff Threat Rattles Canada
President-elect Donald Trump said on social media Monday he would slap import tariffs on products from China but also Mexico and Canada, sending shockwaves across the Canadian economy. Crude oil is the top Canadian export to the United States and any tariffs would interfere with flows and revenues. In posts on his platform Truth Social, Trump said he would impose a 10% additional tariff on Chinese...
https://oilprice.com/Latest-Energy-News/World-News...
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