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Crude Oil - Canadian Oil Producers to Bear Brunt of U.S. Energy Imports Tariff

03-02-2025 01:54

Canadian oil producers are expected to face the largest hit from Trump’s 10% tariff on energy products, according to Goldman Sachs.

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How much crude oil does the US import by country?

U.S. President Donald Trump on Saturday ordered tariffs on Canadian and Mexican imports to address a national emergency over fentanyl and illegal immigrants entering the U.S., White House officials said.

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