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 Tariffs Could Raise Gas Prices By 70 Cents Per Gallon
Just remember those "I did that" stickers are nothing more than a pain for the hourly workers behind the counter
Here's what Trump's Mexico and Canada tariffs would mean for Wisconsin gas prices
The 25% tariffs could increase the price of Canadian crude oil from about $63 per barrel to $80, according to De Haan. The refineries that serve Wisconsin rely primarily on Canadian crude oil, so within a few days of the tariffs kicking in, prices at the pump could rise between 20 and 50 cents a gallon.
Specter of Trump Tariffs Spurs Interest in US Gas Contracts
President Donald Trump’s high-stakes bid to use natural gas exports as leverage to expand US influence in Europe and Asia appears to be gaining early traction.Government officials and energy executives from countries such as India,
Gas prices to spike 'at least 10% overnight' under Trump's tariffs, expert says
Gas prices were virtually flat across most Canadian cities over the past week, according to data from Kalibrate. Of course, the pause could be short-lived. Saturday is U.S. President Donald Trump's earliest expected date for hitting Canadian imports with a 25 per cent tariff.
Gas prices rose from last week: See how much here
Here's a look at how weekly regional gas prices changed in Lower Atlantic region last week compared with the week prior.
‘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, ...
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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Massachusetts average gas prices fell from last week: See how much here
Here's a look at how weekly regional gas prices changed in Massachusetts last week compared with the week prior.
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Gas prices in Wisconsin have jumped 20 cents in the past month. Here's why
Between frigid weather and rising oil prices, gas prices in Wisconsin have jumped more than 20 cents in the past month.
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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 ...
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 ...
Florida gas prices rose from last week: See how much here
State gas prices rose for the second consecutive week and reached an average of $3.14 per gallon of regular fuel on Monday, up from last week's price of $3.11 per gallon, according to the U.S. Energy ...
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New York gas prices continue to rise
Gas prices in New York increased for the second straight week, reaching an average of $3.11 per gallon on Monday, up from $3.10 last week, according to the U.S. Energy Information Administration.