04-02-2025 17:03 via krqe.com

Trump oil tariffs expected to raise price at the pump

(The Hill) - President Trump’s tariff on Canadian oil is expected to raise prices at the pump for U.S. consumers, if it takes effect as planned after a 30-day delay.Analysts told The Hill that the 10 percent tariff set to be imposed under an executive order Trump signed over the weekend would lead to a pricing bump, though it ​would not be evenly distributed. According to Patrick De Haan, head of petroleum analysis at GasBuddy, consumers in the Midwest, Rockies and New England w
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