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Gas prices to increase by at least $0.30 under tariffs: Economists | Morning in America
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February 3, 2025
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2:46Now PlayingPresident Donald Trump declared an economic emergency Saturday to place duties of 10% on all imports from China and 25% on imports from Mexico and Canada. Energy imported from Canada, including oil, natural gas and electricity, would be taxed at a lower 10% rate. Economists project gas prices in the U.S. will rise $0.30-$0.70 under tariffs placed on Canada and Mexico, with the Midwest being hit hardest.
#gas #Canada #tariffs
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