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Donald Trump’s global trade war is adversely affecting North Dakota’s oil industry, which heavily supported him in previous elections. With tariffs causing a drop in oil prices below $60 a barrel, concerns mount over potential job losses and reduced infrastructure investments in the state’s Bakken basin. Experts warn that sustained low prices could lead to a significant slowdown in US oil production, exacerbating an already bearish outlook for the industry, which faces a projected decline in output without technological advancements in extraction methods.
