Trump delayed oil tariffs for Canada and Mexico

report Mehr News Agency Reuters quoted by Donald Trump on Friday (February 5th) said: “It is likely that tariffs on oil and gas imports will be imposed on February 7, and this could reduce some of Canada’s crude oil imports.” P>

The United States now buys about 2 million barrels of oil from Canada daily, about 2 percent of which is processed in the Middle Western US refineries.

Analysts and companies have warned that tariffs on oil imports to the United States could lead to reduced fuel production in US refineries and increase costs for consumers.

The US President did not mention a particular country and details of tariffs.

“We are imposing tariffs on oil and gas imports, and I think this will happen on February 5,” said Trump at the White House.
“We are likely to reduce the percentage of tariffs, he said in response to a question in the ‘ To reach 2 % for oil.

, while the US president was talking about a 5 % tariff.

Many US oil refineries, especially in the Middle Ages, rely on crude oil imports because their facilities are designed to use heavier crude oil such as Mexico and Canada crude.

US refineries are waiting for more transparency and transparency in addition to preparing Trump’s proposed tariffs for Canada and Mexico crude oil imports.

In early February, US crude oil imports from Canada reached an unprecedented record.