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Politics
Trump gets serious about tariffs

The tariffs imposed by US President Donald Trump on imports from Canada and Mexico threaten to disrupt the tightly integrated North American oil market and drive up petrol prices for American motorists.

2/3/2025

Shortly before his departure for his weekend holiday in Mar-a-Lago, US President Donald Trump decided on punitive tariffs. "We have a 200 billion dollar trade deficit with Canada. They have treated us very unfairly. Why should we subsidise Canada?"Trump signed orders on Saturday (1.2.2025) imposing general duties of 25 per cent on Canada and…

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