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Article Summary
- Oil producers are hesitant to support President Trump's proposed tariffs on Canadian imports
- The tariffs would target imports of Canadian crude oil and other energy products
- Producers fear that the tariffs would harm the energy industry and disrupt supply chains
- The Canadian government has expressed concern over the potential impact of the tariffs
- The tariffs are part of the Trump administration's efforts to protect American jobs and industries Tone: critical of President Trump's tariff plan and its potential impact on the oil industry
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Oil Producers Balk At Team Trumps Tariff Plan For Canadian Imports
When Donald Trump floated the idea of slapping 25% tariffs on Canadian and Mexican imports, it was more than just a shot across the bowit was a cannonball aimed squarely at North Americas deeply entwined trade ecosystem. U.S. oil producers are warning that a tariff on heavy oil imported from Canada would raise consumer prices at the pump. Some pundits are dismissing these threats as politica...
https://oilprice.com/Latest-Energy-News/World-News...
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