How Trump's Canadian oil tariff would hit America's heartland

  • Posted on February 11, 2025
  • By Business News Today
  • 1 Views
How Trump's Canadian oil tariff would hit America's heartland

The largest refinery in the Midwest faces higher costs or reduced production if President Trump imposes tariffs on Canadian oil. This could lead to a rise in gasoline prices, impacting consumers. The industry, heavily reliant on Canadian crude, argues that the tariffs could disrupt long-standing trade ties and refine operations. Trump temporarily paused the tariffs for 30 days.
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