Trump Tariffs Could Raise Gas Prices By 70 Cents Per Gallon
President Donald Trump has promised, among other things, two big ideas: 25 percent tariffs on imports from Mexico and Canada, and lower gas prices. Unfortunately, it seems like those two may be at odds — new reports say that Trump’s tariffs on crude oil from those two countries could make American gas prices surge by up to 70 cents per gallon in some states.
Trump promised to lower gas prices. His tariffs could have the opposite effect.
One chart shows why US gas prices could spike under Trump's tariff plans.
Here’s how much gas could cost you if Trump’s threatened tariffs go through
President Trump has threatened to place 25% tariffs on Canada and Mexico as soon as this Saturday, potentially disrupting the relatively stable prices drivers have been paying for gasoline during a seasonally slow period for fuel demand.
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.
Will Trump’s Tariffs Raise Prices? What To Know As Taxes On Canada And Mexico Imports Expected To Start Saturday
President Donald Trump confirmed Thursday that he’s planning to levy a 25% tariff on imports from Mexico and Canada starting Saturday—with broader import taxes potentially soon following—reflecting his campaign promises to implement high tariffs,
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Today’s Gas Prices By State
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10 things that could cost more under new tariffs
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Gas prices are higher in Miami and Florida. Will the trend continue? Here’s a look
Several North Florida areas are averaging less than $3 a gallon as the region remains the cheapest to get gas in the state, ...
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California gas prices rose from last week: See how much here
California gas prices rose for the second consecutive week and reached an average of $4.22 per gallon of regular fuel on ...