U.S. tariff threat limits oil prices
Oil prices were held in check on Thursday by threatened U.S. tariffs on Canadian and Mexican crude that could take effect this weekeend. Brent crude futures were up 27 cents at $76.85 a barrel at 11:05 a.
Trump’s tariffs could raise car prices at dealerships — very quickly
The Trump administration is threatening a 25% tariff on all imports from Canada and Mexico as soon as Saturday — a move that would almost immediately impact car dealerships and factories in the United States.
Oil Pressured by Uncertainty Around U.S. Tariffs
Oil prices edged lower as U.S. tariff threats continued to dominate market sentiment after the White House confirmed plans to impose tariffs on Canada and Mexico on Feb. 1. However, commerce secretary pick,
Oil prices settle down as US stockpile grows, tariffs still in focus
Oil prices fell on Wednesday, with the U.S. benchmark settling at its lowest year to date, after domestic crude stockpiles in the world's top petroleum producer and consumer rose more than expected last week.
Oil prices hold steady amid US tariff threat and OPEC uncertainty
Oil prices experienced minimal fluctuations on Thursday amidst a backdrop of market uncertainty. Investors were apprehensive about the potential impact of tariffs threatened by US President Donald Trump on Mexico and Canada,
Oil prices steady as investors weigh impact of Trump tariffs
Oil prices steadied on Wednesday as investors weighed the impact of potential U.S. tariffs on Canadian and Mexican imports, while largely shrugging off an increase in U.S. weekly crude inventory. Brent crude futures fell 2 cents to $77.
Oil prices slip as US inventories rise; tariff concerns in focus
Oil prices edged lower on Wednesday on a rise in U.S. crude stockpiles and easing concern over Libyan supply, with U.S. tariffs on Canadian and Mexican imports also in focus. Brent crude futures were down 44 cents,
The Trouble With Tariffs: What You Think About Prices Matters to the Fed
A trade war that raises prices would be much more complicated for the central bank than it was during Trump’s first term.
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New Trump tariffs could put even more downward pressure on economy because they’re less targeted
Economists say Trump’s second-term tariffs, if carried out as promised, could put even more downward pressure on the economy, because he’s framed them as across-the-board, rather than targeted to ...
Here’s how much gas could cost you if Trump’s threatened tariffs go through
President Trump has threatened to place 25% tariffs on Canada and Mexico as soon as this Saturday, potentially disrupting the ...
Trump Tariffs Could Hit Cars, Clothes and Food Prices Fast
Fruits and other Mexican foodstuffs typically sold in America would also grow costlier, he said, while American companies ...
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Trump’s tariffs loom and even his supporters in Texas are nervous
Trump has vowed punishing tariffs on Mexico, Canada and China, which are Texas’ biggest international trading partners.
These food items will be most affected by Trump's tariffs. What to stock up on in Arizona
President Donald Trump said he will enact comprehensive tariffs on Mexico and Canada on Feb. 1. Here's what Arizonans will ...
Coffee prices are rising, despite Trump’s canceled tariff on Colombia
Coffee prices hit a new high Monday, the day after President Donald Trump threatened – and then reversed course on – a 25% ...
What are tariffs and how do they work?
Tariffs are in the news at the moment. But what are they? Tariffs are typically charged as a percentage of the price a buyer ...
Why the price of gas, coffee could increase if Trump imposes tariffs on Colombian imports
President Donald Trump has threatened tariffs against Colombia amid a deportation fight. Here's a look at what could see ...
Trump’s pledge to lower prices is already facing a reality test
If it was so simple, they would just do it,” Norbert Michel, a vice president at the libertarian-leaning Cato Institute, said of lowering prices.