Trump promised to lower gas prices. His tariffs could have the opposite effect.
President Donald Trump's plan to slap tariffs on Canada and Mexico as soon as February 1 threatens to undercut one of his key campaign promises: lowering prices at the pump. The US imports around 40% of the crude oil it refines into gas for your car and other vehicles.
Gas, grocery prices likely to surge when Trump’s tariffs take effect Feb. 1
The Trump administration will impose 25% tariffs against neighboring countries Canada and Mexico beginning Saturday, the White House confirmed Friday.
US tariffs on Canada and Mexico begin Saturday—what it means for gas prices
President Donald Trump’s 25% tariffs on Canada and Mexico begin Saturday, but he hasn’t decided whether to include oil imports— a move that could affect gas prices despite his pledge to cut energy costs.
Vance: Gas, grocery prices ‘are going to come down,’ but it will ‘take a little bit of time’
Vice President Vance said in an interview on CBS News’s “Face the Nation” with Margaret Brennan that prices will start coming down, but it might not happen immediately. “Prices are going to
Specter of Trump Tariffs Spurs Interest in US Gas Contracts
President Donald Trump’s high-stakes bid to use natural gas exports as leverage to expand US influence in Europe and Asia appears to be gaining early traction.Government officials and energy executives from countries such as India,
Gas prices to spike 'at least 10% overnight' under Trump's tariffs, expert says
Gas prices were virtually flat across most Canadian cities over the past week, according to data from Kalibrate. Of course, the pause could be short-lived. Saturday is U.S. President Donald Trump's earliest expected date for hitting Canadian imports with a 25 per cent tariff.
EU removes energy crisis gas price cap
The gas price cap introduced by the European Union during its 2022 Russian gas crisis will expire on Friday, having not been ...
‘A risky gamble’: Matt Egan explains how Trump’s tariffs may increase price of gas and food for Americans
Experts are warning that President Trump’s tariffs on Mexico, Canada, and other countries could cause the prices of cars, ...
How gas prices have changed in Ohio in the last week
Ohio by the numbers - Gas current price: $2.92 - Week change: -$0.11 (-3.7%) - Year change: -$0.03 (-1.0%) - Historical ...
Wilmington gas station owner fears prices could increase when new proposed tariffs go into effect
The White House said they’ll place a 25% tariff on items from Mexico and Canada, and a 10% tariff on items from China.
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Today’s Gas Prices By State
Commissions do not affect our editors' opinions or evaluations. Today’s average price of gas in the U.S. is $3.12 per gallon, unchanged from yesterday, down $0.01 from last week and up $0.10 ...
Massachusetts drivers getting break at the pump. What average gas price statistics show
Here's a look at how weekly regional gas prices changed in Massachusetts last week compared with the week prior.
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Oklahoma sues over Winter Storm Uri gas prices
“As a result of market manipulation by Defendants, during Winter Storm Uri Oklahoma’s natural gas prices ballooned ...
How gas prices have changed in Washington in the last week
Washington by the numbers - Gas current price: $3.95 - Week change: +$0.01 (+0.4%) - Year change: +$0.01 (+0.2%) - Historical ...
Average San Diego County Gas Price Rises for Sixth Time in Seven Days
The average price of a gallon of self-serve regular gasoline in San Diego County rose Friday for the sixth time in seven days ...