Oil prices climb after US tariffs spark supply disruption fears
Oil prices jumped on Monday after U.S. President Donald Trump imposed tariffs on Canada, Mexico and China, raising fears of crude supply disruption from the two biggest suppliers to the U.S., but the prospect of lower fuel demand capped gains.
Trump’s Tariffs to Have Limited Impact on Oil and Gas Prices, Goldman Says
The U.S. tariffs are expected to have a limited impact on oil and gas prices in the near term as global oil demand and production will largely remain unaffected as the levies are likely to be temporary,
These prices could climb within days if Trump slaps tariffs on Canada and Mexico
The Trump administrations says the tariffs will take effect on Feb. 1. Tariffs on goods from Mexico and Canada that are set to take effect could hike the price of a gallon of gasoline for some drivers by as much as 70 cents and send grocery bills climbing, experts told ABC News.
Oil prices jump on supply disruption fears from US tariffs
U.S. West Texas Intermediate crude futures were at $73.97 a barrel, up $1.44, or 2%, by 0042 GMT, after hitting more than a week's high at $75.18 a barrel earlier in the session. Brent crude futures rose 62 cents,
Here’s what will get more expensive from Trump’s tariffs on Mexico, Canada and China
President Donald Trump made good on his promise to impose steep tariffs on America’s three largest trading partners — Canada, China and Mexico — citing a national emergency on the flow of fentanyl and undocumented immigrants into the United States.
QUOTES-Reaction to Trump's Steep Tariffs on Mexico, Canada and China
U.S. President Donald Trump has ordered sweeping tariffs on goods from Mexico, Canada and China, demanding that they curb the flow of illegal immigrants and fentanyl into the United States, kicking off a trade war that could dent global growth and stoke inflation.
Trump to talk tariffs with leaders of Canada and Mexico: 'They owe us a lot of money'
Trump has said tariffs are a way to force the countries to stop the flow of migrants and fentanyl across the borders and into the U.S.
What to know about Donald Trump’s tariffs targeting Canada, Mexico and China
President Donald Trump has taken executive action to impose new tariffs, a move that fulfilled campaign promises but also sparked retaliatory moves that could signal an extended trade war with key
Trump tariffs seen stirring up commodity and energy sectors
U.S. President Donald Trump slapped Canada and Mexico with duties of 25% and China with a 10% levy on Saturday, calling the ...
2025 supply chain playbook: Tariff engineering
As supply chain leaders strategize for 2025, adaptability and innovation will be crucial for navigating challenges and ...
Journalist's Resource1d
Covering Trump’s proposed tariffs? Here are 4 things you need to know
The Journalist's Resource and Econofact recently hosted a webinar on covering tariffs. Watch the recording and read key ...
High Inflation Sows Debate About New Fed Playbook for Tariffs
Fresh tariffs amid high inflation are making the Fed’s job uniquely difficult and feeding uncertainty about what to expect ...
PBS18h
Analysis: The potential economic effects of Trump’s tariffs and trade war, in 9 charts
President Trump’s tariffs on Canada, China and Mexico could upend U.S. trade. These nine charts show what’s at stake, what ...
Trump tariffs on Canada and Mexico could drive up the cost of these products
President Trump imposed 25% tariffs on imports from Mexico and Canada starting Saturday, as well as an additional 10% tariff ...
Defense News on MSN9d
Trump tariffs could backfire on military, some experts warn
If tariffs drive up demand for domestically-produced materials, he said, the supply will get tighter and prices paid by ...
Mohamed El-Erian Won't Say How Inflationary Trump's Tariff's Will Be: Here's Why
Prominent economists are raising concerns about the inflationary impact and economic consequences of former President Donald ...