Food, Gas Prices to Spike if Trump Levies 25% Tariffs on Canada and Mexico
Canada is a main source of crude oil imports and industrial supplies like steel for the United States. More than 71% of U.S. crude oil imports were supplied by Canada and Mexico in 2023, according to a new report from the Congressional Budget Office (CBO). Of that share, 60% of oil came from Canada.
President Donald Trump told reporters hours after taking office that he was considering levying a blanket duty on Mexico and ...
During his first term in office, President Donald Trump oversaw the renegotiation of a continent-wide trade deal that he ...
President Donald Trump’s pledge to place 25% tariffs on products from Canada could lead to an estimated $200 million annual increase in the total cost of electricity in Massachusetts, Gov. Maura ...
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