Oil prices jump after Trump imposes tariffs on Canada, Mexico, China
Oil prices jumped at the market open on Monday after U.S. President Donald Trump imposes tariffs on Canada, Mexico and China, raising fears of a trade war and disruption in crude supply from two of the United States' biggest suppliers.
The Trump administration said Saturday it had imposed a 25% tariff on goods from Canada and Mexico and a 10% tariff on China.
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"The Canadian American Business Council strongly opposes the Trump Administration's imposition of tariffs on Canadian goods. This action will harm jobs, businesses, and consumers in the United States ...
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