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Article Summary
- Oil watchers predict that inflation risks will prevent Trump from imposing tariffs on Canada
- The threat of tariffs on Canada was part of Trump's plan to boost domestic oil production
- Rising oil prices are contributing to inflation concerns
- The potential tariffs could have negative effects on the U.S. economy
- Experts believe that Trump's tariff threat is unlikely to materialize Tone: Neutral
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Oil Watchers Say Inflation Risks Will Stave Off Trump's Canada Tariff Threat
Higher fuel prices are on the cards if President-elect Donald Trump implements tariffs on Canada, said industry experts.
https://www.cnbc.com/2024/11/27/oil-watchers-say-i...
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