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Trump tariffs-led spike in energy prices is temporary, oil prices could ‘plummet’ as global growth slows

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Summary
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79% Informative

Oil prices are likely to fall in the longer run after the initial jump following President Donald Trump 's implementation of hefty tariffs on Canada , Mexico and China , said industry watchers.

Over the weekend , Trump followed through on his long-threatened 25% tariffs on imports from Canada and Mexico , as well as a 10% duty on goods from China .

While crude markets will see higher prices and consumers will be forking out more for gasoline and diesel costs in the near term, the spike is only temporary.

VR Score

82

Informative language

83

Neutral language

16

Article tone

formal

Language

English

Language complexity

53

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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