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Home World USA

Map Shows Where Tariffs Would See Gas Prices Rise the Most

26 November 2024
in USA
0
Map Shows Where Tariffs Would See Gas Prices Rise the Most
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Oil and gasoline expert Patrick De Haan warned that Donald Trump’s plan to impose a 25 percent tariff on Canadian products would significantly impact gas prices in the Great Lakes, Midwest, and Rockies due to the heavy reliance on Canadian oil imports in these regions. Data from ICF International showed that 3.6 million barrels of crude oil per day flow from Western Canada to the U.S., with a large portion going to the Midwest and Great Lakes. Trump’s tariff announcement, aimed at Mexico and Canada, received mixed reactions, with concerns raised about potential economic disruptions and increased costs across all economies involved.

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