While talking to the press in the Oval Office on Thursday, President Donald Trump announced that 25 percent tariffs on products from Canada and Mexico could be coming as soon as Saturday. The president is also considering the same tariffs on Canadian and Mexican oil.
President Donald Trump said his 25% tariffs on Canada and Mexico are coming on Saturday, but he’s still considering whether to include oil from those countries as part of his import taxes.
“We may or may not,” Trump told reporters Thursday in the Oval Office about tariffing oil from Canada and Mexico. “We’re going to make that determination probably tonight.”
Trump said his decision will be based on whether the price of oil charged by the two trading partners is fair, although the basis of his threatened tariffs pertains to stopping illegal immigration and the smuggling of chemicals…