U.S.-Mexico Oil Tariff Impact
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tariffsReuters
•Business
Business & Economics
Trump's 10% oil tariff could cost foreign producers $10 billion annually, Goldman Sachs says
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78% Informative
Goldman Sachs says proposed 10% U.S. oil tariff could cost foreign producers $10 billion per year.
President Donald Trump plans to impose a 25% tariff on Mexican crude and a 10% levy on Canadian crude starting in March .
Despite this, Goldman expects the US . to remain the primary destination for heavy crude.
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