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.
當選總統特朗普對加拿大徵收25%關稅的舉措可能會阻礙股市的增長，並影響企業利潤、通貨膨脹、運輸及石油營銷公司。
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."
事件經過：高盛商品研究主管達恩·斯特魯伊文對彭博社表示，"特朗普提議對來自加拿大的所有產品徵收25%的稅可能會提高美國燃料的價格。"
"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，關稅可能會顯著影響美國消費者、美國煉油商以及加拿大生產商。"爲了讓美國生產商能出口更多自己的石油，美國每天進口近400萬桶加拿大原油。斯特魯伊文補充說，這可能是一個"談判工具。"
"Given the focus from Trump to lower energy costs, we think Canada tariffs are somewhat unlikely," he added
"鑑於特朗普關注降低能源成本，我們認爲徵收加拿大關稅的可能性相對較小，"他補充說。
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.
美國、加拿大以及墨西哥在2020年簽署了美加墨協議，以取代北美自由貿易協定（NAFTA）。該協議允許三國間大部分免稅貿易。特朗普對徵收關稅的威脅似乎違反了條款。
Also read: JD Vance's Investment Playbook Has Bitcoin And ETFs: Here's What Else The VP-Elect Is Betting On
另外閱讀：JD Vance的投資計劃包括比特幣和etf：副總統當選人還在押注什麼
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：由於更高的加拿大關稅可能會提高美國的國內燃料價格，將影響許多公司的企業利潤，並增加消費和生產者價格的通貨膨脹。
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.
運輸和石油營銷公司的輸入成本可能會上升，這可能會降低它們的利潤和股票價格。此外，投資者可能在油價高企時希望開空這些公司的股票。
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. ($Alaska Air (ALK.US)$).
受此影響的運輸公司中有幾家，包括聯合太平洋公司（$聯合太平洋 (UNP.US)$），csx運輸公司（$CSX運輸 (CSX.US)$），優步科技公司（$優步 (UBER.US)$），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 阿拉斯加航空集團公司 ($阿拉斯加航空 (ALK.US)$).
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.
類似於雪佛龍公司（$雪佛龍 (CVX.US)$），埃克森美孚公司（$埃克森美孚 (XOM.US)$），英國石油（$英國石油 (BP.US)$），道達爾能源公司（$道達爾 (TTE.US)$), 英國石油 ($殼牌 (SHEL.US)$), 恩橋公司 ($恩橋 (ENB.US)$), 和 康菲石油 ($康菲石油 (COP.US)$) 是一些在這種情況下受到直接影響的石油營銷公司。