Post by
Ztransformer on Nov 25, 2024 10:33pm
DJT PLANS To crumble CDN + MXN ECONOMIES !
- PROPOSES 25 % TARIFFS on CANADIAN and MEXICAN IMPORTS into the USA
* I 'believe' that HEAVY CRUDE OIL and NATURAL GAS IMPORTS are EXEMPT {'probably' includes CRUDE OIL PRODUCTS like gasoline and diesel}
* IRVING OIL is a HUGE EXPORTER of GASOLINE & DIESEL FUEL to the NORTHEAST of the USA {New England , New York etc.}
- Ottawa and Mexico City are SHELL-SHOCKED
- Trumpian PAYBACK for OPEN BORDER & HUGE FENTANYL OVERDOSE DEATHS
z172
Comment by
1234bmth on Nov 26, 2024 12:01am
I don't think he puts tariffs on oil, he doesn't want oil price to go up, even if he does. BTE's 60 % oil production is in US, so IMO BTE will do good.
Comment by
1234bmth on Nov 26, 2024 12:05am
Moreover this kind of trade war will cause higher inflation in US and higher inflation means higher interest rate for long time which will lead to a recession by next election and leave a miss to the next president.