U.S. President Donald Trump says tariffs on Canadian oil may be set at 10 percent, a lower rate than the other goods that are subject to 25 percent tariffs. He also said the tariffs on oil and gas may come on Feb. 18, later than the Feb. 1 date set for other Canadian imports.
Trump confirmed the looming tariffs on goods from Canada, Mexico, and China on Jan. 31, saying the countries are responsible for the inflow of fentanyl into the United States. He has also cited the flow of illegal immigrants and trade deficits as reasons for the tariffs.
