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Trump's tariff plan angers many? US oil industry warns: rbob gasoline costs rise exacerbating consumer burden
① President-elect Trump of the usa threatens to impose a 25% tariff on products from Mexico and Canada, causing concerns in the oil rbob gasoline industry; ② U.S. refineries highly rely on crude oil imports. The American Petroleum Institute warns that tariffs will raise refining costs and gasoline prices, exacerbating consumer burden; ③ Analysts believe the likelihood of Trump implementing the tariff plan is small.
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Wednesday Ends With Index Decline | Wall Street Today
Natural Gas Prices Tumble Ahead of Wintry Weather -- WSJ
Trump's Tariff Plan Threatens Higher US Gasoline Prices
Dow Hits Another Record, Core PCE 2.8% as Expected | Live Stock
Trump's Tariff Bombshell: Could U.S. Gas Prices Skyrocket?
Trump's Tariff Threat To Canada May Disrupt Oil Markets, Inflate Prices: 'Would Likely Raise The Price Of Fuels,' Says Analyst
Goldman Sees 'Significant' Hit to US From Trump's Canada Tariffs
S&P 500, Dow Hit Records, Trump Tariffs to Cost Hundreds of Billions | Wall Street Today
Israel Agrees to Leganon Ceasefire Deal, Crude Oil Declines
Dow Falls After Record, Trump Talks Tariffs on Day One | Live Stock
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Trump's Newly Pledged Tariff Could Have Mixed Impact on Energy -- Market Talk