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Canada and Mexico brace for Trump tariffs on Saturday – business live

The Guardian on The Guardian
Canada and Mexico brace for Trump tariffs on Saturday – business live



Live, rolling coverage of business, economics and financial markets as US president said he would impose first tariffs of new administration on 1 FebruaryOne of the big questions about Donald Trump’s tariffs on Canada and Mexico is whether oil will be included.Trump last night said the administration would consider whether to exempt oil from the tariffs – less than a day ahead of the planned implementation of the tariffs.We ship oil at a discount which is, ultimately, refined in Texas. If it’s not us, it is Venezuela.There’s no other option on the table, and this administration doesn’t want to work with Venezuela. Continue reading…



Source link : https://www.theguardian.com/business/live/2025/jan/31/canada-mexico-donald-trump-tariffs-saturday-uk-house-prices-inflation-ftse-100-federal-reserve-business-live-news

Author : Jasper Jolly

Publish date : 2025-01-31 10:44:20

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Tags : The Guardian

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