U.S. President-elect Donald Trump does not intend to spare crude oil from his planned 25% import tariffs on Canada and Mexico, sources told Reuters on Tuesday, as the oil industry warned the policy could hurt consumers, industry and national security. Canada and Mexico are the top sources of U.S. crude oil imports, together accounting for around a quarter of the oil U.S. refiners process into fuels like gasoline and heating oil, according to the U.S. Department of Energy.
While I am kind of looking forward to the 💩show in Alberta over this, I just read that the USMCA forbids tarrifs on member countries. So, thanks to Drumpf, he legally cannot impose tarrifs on Canada or Mexico.
@RandAlThor
While I am kind of looking forward to the 💩show in Alberta over this, I just read that the USMCA forbids tarrifs on member countries. So, thanks to Drumpf, he legally cannot impose tarrifs on Canada or Mexico.
The guy has 34 felony counts on him, as is. What’s one more legal violation, at this point?
But can he illegally impose them?
Maybe. Will he actually do anything he’s talked about? Unlikely.