The effect of Trump’s tariffs on oil and gas prices is insignificant

report Mehr News Agency Reuters quoted the US Bank Goldman Sachs Sunday (February 7th) in a note: It is likely that the tariff imposed by US President Donald Trump on imports on imports The goods from Canada, Mexico and China are limited and short -term oil and gas prices.

According to estimates by the US Bank, the potential reduction of US gas import tariffs from Canada to significantly increase US natural gas prices is very low.

Oil and gas prices rose on Monday (February 5th) after Trump’s tariffs.

These tariffs, which run from February 4 (Tuesday, February 23, 2008, include taxes on most of the most imported goods from Mexico, 2 % tariff for imports and 2 % for energy from Canada and 2 % tariff for imports from Canada. Would be China.

Based on the estimation of Goldman Sachs , Canadian manufacturers are expected to eventually incur the most tariffs according to the limited alternative export markets, and US consumers are the same for petroleum products. Will have.

According to the US Bank’s note, oil imports from the sea from Canada and Mexico are transferred to other markets, and the United States replaces the supply with crude oil from the OPEC, Latin American and Petroleum Products from Europe. .

Goldman Sachs kept unchanged on oil prices in years 1 and 2 and predicted that due to the sustainability of global oil production and Canadian oil tariffs Previously priced, it has the least short -term impact on prices.

Last week, Goldman sax Oil price forecast Brent for $ 1 and $ 2, respectively And $ 2 (out of $ 2 in the previous estimation).

Trump announced that he will talk to Canadian and Mexican leaders who have announced their retaliatory tariffs, but he ignored expectations of changing opinion.

Analysts Goldman Sachs wrote in a separate note that US tariffs on imports from Mexico and Canada will be short -term.