Trump is set to announce if Canadian oil will face tariffs, stirring trade tensions with Canada and Mexico.
Washington: So, President Trump is making waves again. He’s planning to announce tonight whether Canadian oil will be hit with those hefty tariffs he’s been talking about.
He was chatting with reporters in the Oval Office and hinted that he’s still leaning towards slapping a 25% tariff on goods from both Canada and Mexico. It’s a big deal, right?
When asked about oil, he said he’d probably make a call later tonight. He’s keeping everyone on their toes! “We may or may not,” he said, adding it all depends on the prices.
Trump’s been all over the place with his reasons for these tariffs. At first, he said it was to push Canada to step up border security. Now, he’s also grumbling about trade deficits.
He mentioned that Canada and Mexico haven’t been great trading partners. “They’ve treated us very unfairly,” he said, claiming the U.S. has plenty of oil and lumber to spare.
