Trump Tariffs Could Hurt Oil Companies and Raise Gas Prices
Sort by
Date
-
Trump Davos remarks target big banks, oil prices, European regulators
Trump has signed executive orders to withdraw the U.S. from the World Health Organization and the Paris climate agreement since he took office.CNBC - Jan. 23 -
Trump calls on Opec to push down global oil prices
US president tells World Economic Forum he will insist central banks lower interest rates ‘immediately’ afterwardsFinancial Times - Jan. 23 -
Oil ends at a nearly 2-week low as traders weigh Trump tariff threats, energy policy
Oil futures ended Wednesday at their lowest in almost two weeks, with U.S. benchmark prices notching a fourth straight session decline as investors weighed the potential impact of President Donald ...MarketWatch - Jan. 22 -
How Trump’s Federal DEI Ban Could Target Private Companies Next
The executive order prohibiting DEI by federal agencies—and firing employees who’d worked on those policies—will add clout to the independent conservative groups forcing private businesses to ...Inc. - Jan. 22 -
Netflix raising prices as subscriptions soar
Netflix plans to raise the cost of a subscription after reporting one of its best financial quarters to end 2024. A standard basic plan including advertisements will now cost $17.99, with a premium ...The Hill - Jan. 22 -
Trump promised to lower gas prices — but his tariffs could help raise them instead
President Donald Trump’s “drill, baby, drill” pledge is well known, but drivers may end up paying more at the pump in the coming months despite his plans to lift U.S. oil production.MarketWatch - Jan. 22 -
Netflix to raise prices in US as new subscribers soar
Squid Game 2 and live sports, including the Jake Paul v Mike Tyson fight, fuelled new memberships.BBC News - Jan. 22 -
How Trump’s Tariffs Could Affect the U.S., Canada and Mexico
While much about the threatened tariffs is still unclear, experts predict they would be bad news for all three economies, with few winners.The New York Times - Jan. 21 -
Oil ends lower as Trump’s output and tariffs plans fuel supply uncertainty
Oil futures ended lower on Tuesday as traders weighed prospects for crude supplies after President Donald Trump vowed to boost already record U.S. crude output, threatened to implement a steep ...MarketWatch - Jan. 21 -
Trump trade battles could spike food prices, help China: former Mexico trade chief
Trade battles being threatened by President Trump would spike food prices, help China and risk key U.S. economic relationships, Mexico's former trade chief said Monday “I say bring it on," Kenneth ...The Hill - Jan. 21 -
U.S. crude oil falls as Trump weighs tariffs, aims to boost energy production
Oil prices are down as Trump moves to implement his trade and energy agenda.CNBC - Jan. 21 -
Trump says China tariffs could hinge on TikTok deal
President signs executive order giving popular video app’s owner 75 days to find US buyerFinancial Times - Jan. 21 -
Oil traders make big bets on Trump policies. The path for prices isn’t so clear.
The volatility seen in oil prices in the new year has a lot to do with Donald Trump — and he doesn’t even officially become the president of the United States until Monday.MarketWatch - Jan. 18 -
Trump’s tariff plans could be harming his ‘animal spirit’ investors
The big unknown is how far Trump is prepared to go to win a trade war before it winds up crushing animal spirits.The Hill - Jan. 17 -
Trump tariffs on Canada could jeopardize oil and gas exports to U.S., says trade chief
President-elect Donald Trump's threatened tariffs could prompt Canada to pursue dollar-to-dollar retaliation or an export tax on oil and gas bound for the U.S.CNBC - Jan. 16 -
Trump Treasury Pick Scott Bessent Defends Plans to Cut Taxes and Raise Tariffs
Scott Bessent, President-elect Donald J. Trump’s choice to be Treasury secretary, will be in charge of steering the president’s economic agenda if confirmed by the Senate.The New York Times - Jan. 16 -
UPS could help end the ‘freight recession’ this year. It may have to raise prices first.
Analysts say deregulation, lower taxes under Trump could spur small-business investments and more shipments — but tariffs could weigh down volumes.MarketWatch - Jan. 16 -
China's Export Boom Means Trump Tariffs Would Hit Beijing Where It Hurts
The country’s economy is increasingly reliant on foreign demand for goods pouring out of Chinese factories.The Wall Street Journal - Jan. 12 -
Trump's plan for mass deportation could have a big effect on prices
Some experts say there is really nothing the government can do about high food prices.CNBC - Jan. 11 -
Why Trump’s tariffs may bring worse-than-expected price hikes to consumer electronics
As CES winds down in Las Vegas, one cloud hanging over the desert not often mentioned in all the coverage of newly unveiled gadgets was a prediction by the show’s host of how much prices for ...MarketWatch - Jan. 11 -
Biden administration imposes toughest sanctions on Russian oil and gas
Measures targeting Russian energy sector attempt to leverage peace deal for Ukraine in Trump administration. The Biden administration on Friday imposed its broadest package of sanctions yet ...The Guardian - Jan. 10 -
Here’s how Trump could impose tariffs on Denmark in a bid to control Greenland
President-elect Donald Trump Tuesday threatened to place new tariffs on imports from Denmark unless the country gives up control of Greenland, news that dented the stocks of some of Denmark’s most ...MarketWatch - Jan. 9 -
Trump will struggle to drive down oil prices
Energy production in the US will rise but more of the output will be gassyFinancial Times - Jan. 9 -
Alaska sues Biden administration over restrictions on arctic oil, gas development
The state of Alaska on Wednesday sued the Biden administration over restrictions the federal government imposed in December on oil and gas leases in the Arctic set for auction this week. The ...The Hill - Jan. 8 -
Trump could declare national economic emergency to justify universal tariffs, CNN reports
The president-elect is looking at utilizing the International Economic Emergency Powers Act to implement his plan for tariffs on imports.CNBC - Jan. 8 -
Here’s the real winter-storm effect on natural-gas prices and heating bills
The recent rally in natural-gas prices raised an alarm among consumers suffering from a cold snap in much of the U.S. this week — but when it comes to household spending on the heating fuel this ...MarketWatch - Jan. 8 -
Services index shows big jump in prices for December as companies fear tariffs
The ISM services survey's prices index jumped to 64.4%, an increase of 6.2 points or more than 10%.CNBC - Jan. 7 -
Biden Bans New Oil and Gas Drilling Along Most U.S. Coasts
The ban affects the entire Eastern Seaboard, the Pacific Coast along California, Oregon and Washington, the eastern Gulf of Mexico and the Northern Bering Sea.The New York Times - Jan. 6 -
Trump’s tariff plans could devolve into hostile trading blocs, this expert says
President-elect Donald Trump may try to use tariffs to increase U.S. power in the global economy, but they likely will backfire and damage the U.S. economy, said Maurice Obstfeld, the former chief ...MarketWatch - Jan. 6 -
Firms to raise prices due to tax and wage increases
Consumers could face higher costs in the coming months amid falling confidence among UK businesses.BBC News - Jan. 6 -
Chinese Companies Have Sidestepped Trump’s Tariffs. They Could Do It Again.
The companies have found plenty of new channels to the U.S. market — demonstrating the potential limits of the tariffs Donald Trump has promised to impose.The New York Times - Jan. 5 -
Price transparency could be the healthcare win Trump wants (and America needs)
Americans nationwide have every reason to be optimistic that positive change is on the horizon for the nation’s healthcare system.The Hill - Jan. 5 -
China hits dozens of U.S. companies before expected Trump tariffs
China's Ministry of Commerce adds 28 U.S. entities to export control list to "safeguard national security and interests."CBS News - Jan. 2