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Tariffs could have mixed effects on oil in particular. According to Rob Thummel, senior portfolio manager at Tortoise Capital, Canada exports approximately 4 million barrels of oil per day to the US.
Oil prices dipped slightly as traders weighed bullish U.S. demand and production data against lingering tariff uncertainty ...
Oil prices plunged this week as a one-two punch of sweeping U.S. import tariffs and an unexpected OPEC+ supply hike erased $10 per barrel from global benchmarks. The combined effect of Donald ...
U.S. stock-market futures declined as the Trump administration said a broad swath of tariffs against U.S. trade partners ...
Trump's tariffs have companies scrambling as they navigate cost increases. Here are the companies that have talked about ...
The new tariffs imposed by U.S. President Donald Trump on imports from Canada, Mexico, and China are likely to have a limited near-term impact on global oil and gas prices, Goldman Sachs said in a ...
The most common U.S. diesel price stood at $3.59 per gallon, unchanged from last week, followed by $3.69, $3.49, $3.39, and $3.29, rounding out the top five most common prices.
Editor's Note: Following a 30-day pause, the Trump administration is expected to impose tariffs on Canada and Mexico on Tuesday, March 4. On Monday, U.S. Commerce Secretary Howard Lutnick said ...
Anticipation of incoming president Trump’s tariffs has caused confusion regarding high prices and high inflation. They are not really the same. The effect of tariffs is to push prices up, but ...
The effect of tariffs is to push prices up, but not to sustain higher inflation. When monetary and fiscal policy produce inflation, they typically do so for an extended period of time, counted in ...
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