Trump Tariffs Threaten U.S. Oil Refiners

President Donald Trump’s newly imposed 25% tariffs on goods from Mexico and a 10% tariff on energy products from Canada have the potential to send ripples through the U.S. oil and gas market.  These tariffs, effective March 4, come after last-minute negotiations failed, raising concerns about higher costs for refiners and potential disruptions to North America’s tightly integrated energy supply chains. How Canadian Oil Tariffs Could Disrupt U.S. Refiners The U.S. imports approximately 4.4 million barrels per day (MMb/d) of crude…