Trump's tariffs to have limited impact on oil, gas prices, Goldman Sachs says
- Posted on February 3, 2025
- By Business News Today
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Trump's tariffs to have limited impact on oil, gas prices, Goldman Sachs says
Goldman Sachs reports that U.S. President Trump's new tariffs on imports from Canada, Mexico, and China will have limited impact on global oil and gas prices in the near term. The tariffs, effective from Feb. 4, include levies on various goods and energy imports. Canadian oil producers will bear most of the burden, with little effect on U.S.