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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.
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,
Oil prices on track for weekly declines as traders await Trump tariff decision
Oil futures ticked lower Friday and were on track for weekly losses as traders awaited a decision by President Donald Trump on tariffs on imports from Canada and Mexico.
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.
17h
on MSN
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 ...
10h
on MSN
‘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, ...
1d
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 ...
Forbes
2d
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 ...
10h
on MSN
Massachusetts drivers getting break at the pump. What average gas price statistics show
Here's a look at how weekly regional gas prices changed in Massachusetts last week compared with the week prior.
9d
Boosting gas output while keeping prices low a tough task for Trump
It may take more than a Sharpie pen and White House cheerleading to change natural gas output levels in the United States.
10d
Gas prices climb due to increased oil prices, cold weather
"With oil prices reaching their highest point since July last week, it was inevitable that gasoline prices would start to ...
7d
on MSN
Gas prices in Wisconsin have jumped 20 cents in the past month. Here's why
Gas prices generally rise as spring approaches, but President Trump's promised tariffs may hike prices even more this year.
E&E
20h
Oklahoma sues over Winter Storm Uri gas prices
“As a result of market manipulation by Defendants, during Winter Storm Uri Oklahoma’s natural gas prices ballooned ...
1d
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 ...
MotorBiscuit on MSN
4d
Ohio drivers are outraged after a gas mixup at Circle K led to thousands in car repairs
M ost people are concerned about finding cheap prices when they’re filling up at gas station pumps. However, there is often ...
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