Trump's Tariff Threat To Canada May Disrupt Oil Markets, Inflate Prices: 'Would Likely Raise The Price Of Fuels,' Says Analyst
Trump's Tariff Threat To Canada May Disrupt Oil Markets, Inflate Prices: 'Would Likely Raise The Price Of Fuels,' Says Analyst
"Given the focus from Trump to lower energy costs, we think Canada tariffs are somewhat unlikely," he addedPresident-elect Donald Trump's move to impose 25% tariffs on Canada can thwart the growth of the stock markets and affect corporate profits, inflation, transportation and oil marketing companies.
当选总统特朗普对加拿大征收25%关税的举措可能会阻碍股市的增长，并影响企业利润、通货膨胀、运输及石油营销公司。
What Happened: This comes as Goldman Sachs head of commodities research, Daan Struyven told Bloomberg that "The 25% levy on all products from Canada proposed by Trump would likely raise the price of fuels in the U.S."
事件经过：高盛商品研究主管达恩·斯特鲁伊文对彭博社表示，"特朗普提议对来自加拿大的所有产品征收25%的税可能会提高美国燃料的价格。"
"He said that tariffs could significantly affect U.S. consumers, U.S. refiners, and Canadian producers," on Wednesday. In order for American producers to export more of their own oil, the U.S. imports almost 4 million barrels of Canadian crude a day. Struyven added that this could be a "negotiating tool."
"他在星期三表示，关税可能会显著影响美国消费者、美国炼油商以及加拿大生产商。"为了让美国生产商能出口更多自己的石油，美国每天进口近400万桶加拿大原油。斯特鲁伊文补充说，这可能是一个"谈判工具。"
"Given the focus from Trump to lower energy costs, we think Canada tariffs are somewhat unlikely," he added
"鉴于特朗普关注降低能源成本，我们认为征收加拿大关税的可能性相对较小，"他补充说。
U.S. and Canada along with Mexico signed the United States–Mexico–Canada Agreement as an update to North American Free Trade Agreement, or NAFTA in 2020. It allowed for mostly duty-free trade between the three countries. Trump's threat of tariffs would seem to violate the terms.
美国、加拿大以及墨西哥在2020年签署了美加墨协议，以取代北美自由贸易协定（NAFTA）。该协议允许三国间大部分免税贸易。特朗普对征收关税的威胁似乎违反了条款。
Also read: JD Vance's Investment Playbook Has Bitcoin And ETFs: Here's What Else The VP-Elect Is Betting On
另外阅读：JD Vance的投资计划包括比特币和etf：副总统当选人还在押注什么
Why It Matters: As higher Canadian tariffs could raise the domestic fuel prices in the U.S., it will impact the corporate profits of many companies and increase both, consumer and producer price inflation.
重要性：由于更高的加拿大关税可能会提高美国的国内燃料价格，将影响许多公司的企业利润，并增加消费和生产者价格的通货膨胀。
The input costs of transportation and oil marketing companies can increase, which may lower their profits and stock prices. Also, investors may want to short the stocks of these companies when oil prices are high.
运输和石油营销公司的输入成本可能会上升，这可能会降低它们的利润和股票价格。此外，投资者可能在油价高企时希望开空这些公司的股票。
A few of the many transportation companies that would get affected by this include, Union Pacific Corp ($Union Pacific (UNP.US)$), CSX Corp ($CSX Corp (CSX.US)$), Uber Technologies Inc ($Uber Technologies (UBER.US)$), Old Dominion Freight Line Inc ($Old Dominion Freight Line (ODFL.US)$), TFI International Inc ($TFI International (TFII.US)$), Knight-Swift Transportation Holdings Inc ($Knight-Swift Transportation (KNX.US)$), XPO Inc ($XPO (XPO.US)$) and Alaska Air Group, Inc. ($Alaska Air (ALK.US)$).
受此影响的运输公司中有几家，包括联合太平洋公司（$联合太平洋 (UNP.US)$），csx运输公司（$CSX运输 (CSX.US)$），优步科技公司（$优步 (UBER.US)$），old dominion freight line公司（$Old Dominion Freight Line (ODFL.US)$), tfi international公司 ($TFI International (TFII.US)$), knight-swift transportation控股公司 ($Knight-Swift Transportation (KNX.US)$), xpo公司 ($XPO (XPO.US)$) 和 阿拉斯加航空集团公司 ($阿拉斯加航空 (ALK.US)$).
Similarly, companies like Chevron Corp ($Chevron (CVX.US)$), Exxon Mobil Corp ($Exxon Mobil (XOM.US)$), BP plc ($BP PLC (BP.US)$), TotalEnergies SE ($TotalEnergies (TTE.US)$), Shell PLC ($Shell (SHEL.US)$), Enbridge Inc ($Enbridge (ENB.US)$), and ConocoPhillips ($ConocoPhillips (COP.US)$) are a few oil marketing companies that my bear the direct brunt of this.
类似于雪佛龙公司（$雪佛龙 (CVX.US)$），埃克森美孚公司（$埃克森美孚 (XOM.US)$），英国石油（$英国石油 (BP.US)$），道达尔能源公司（$道达尔 (TTE.US)$), 英国石油 ($壳牌 (SHEL.US)$), 恩桥公司 ($恩桥 (ENB.US)$), 和 康菲石油 ($康菲石油 (COP.US)$) 是一些在这种情况下受到直接影响的石油营销公司。
