Trump promised to lower gas prices. His tariffs could have the opposite effect.
President Donald Trump's plan to slap tariffs on Canada and Mexico as soon as February 1 threatens to undercut one of his key campaign promises: lowering prices at the pump. The US imports around 40% of the crude oil it refines into gas for your car and other vehicles.
Gas, grocery prices likely to surge when Trump’s tariffs take effect Feb. 1
The Trump administration will impose 25% tariffs against neighboring countries Canada and Mexico beginning Saturday, the White House confirmed Friday.
US tariffs on Canada and Mexico begin Saturday—what it means for gas prices
President Donald Trump’s 25% tariffs on Canada and Mexico begin Saturday, but he hasn’t decided whether to include oil imports— a move that could affect gas prices despite his pledge to cut energy costs.
How gas prices have changed in Ohio in the last week
Ohio by the numbers - Gas current price: $2.92 - Week change: -$0.11 (-3.7%) - Year change: -$0.03 (-1.0%) - Historical expensive gas price: $5.07 (6/9/22) - Diesel current price: $3.55 - Week change: -$0.03 (-0.8%) - Year change: -$0.20 (-5.3%) - Historical expensive diesel price: $6.11 (6/21/22)
How gas prices have changed in Washington in the last week
Washington by the numbers - Gas current price: $3.95 - Week change: +$0.01 (+0.4%) - Year change: +$0.01 (+0.2%) - Historical expensive gas price: $5.55 (6/16/22) - Diesel current price: $4.38 - Week change: +$0.01 (+0.1%) - Year change: -$0.34 (-7.2%) - Historical expensive diesel price: $6.46 (6/30/22)
Trump says he'll impose tariffs on oil and gas imports next month
President Trump on Friday said the U.S. will impose tariffs on oil and gas imports, likely next month, as well as tariffs on CHIP semiconductor technology and pharmaceuticals eventually. "Eventually,
Trump says oil and gas tariffs will come around Feb 18
U.S. President Donald Trump said on Friday he expects his administration to impose tariffs related to oil and gas around Feb. 18. He did not name a specific country to which the tariffs would apply or specify any more details about the plans.
EU removes energy crisis gas price cap
The gas price cap introduced by the European Union during its 2022 Russian gas crisis will expire on Friday, having not been ...
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Today’s Gas Prices By State
Commissions do not affect our editors' opinions or evaluations. Today’s average price of gas in the U.S. is $3.12 per gallon, unchanged from yesterday, down $0.01 from last week and up $0.10 ...
Vance: Gas, grocery prices ‘are going to come down,’ but it will ‘take a little bit of time’
Vice President Vance said in an interview on CBS News’s “Face the Nation” with Margaret Brennan that prices will start coming ...
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GasBuddy reports average gas prices rise
The national average price of gasoline has fallen 0.9 cents per gallon in the last week, averaging $3.08/g today. The ...
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Oklahoma files another lawsuit related to Winter Storm Uri against natural gas companies
In his third related lawsuit, Attorney General Gentner Drummond claims more companies unlawfully increased prices during the ...
‘A risky gamble’: Matt Egan explains how Trump’s tariffs may increase price of gas and food for Americans
Experts are warning that President Trump’s tariffs on Mexico, Canada, and other countries could cause the prices of cars, ...
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Eugene drivers feel the pinch as local gas prices jump 16 cents over the past month
According to GasBuddy price reports, the cheapest station in Eugene was priced at $3.18/g Sunday while the most expensive was ...