Whether US Tariffs Stick Or Not, Canada’s Oilpatch May Not Feel Much Impact
“Behind the corporate headquarters being in Canada, there’s still a lot of U.S. money that actually owns the production. So this is a little bit like taxing your left arm and your right arm at the same time”
While uncertainty on whether the U.S. tariffs are here to stay grips Canada, the oil and gas sector may not need to worry given the U.S. need for Canadian energy, analysts say.
U.S. President Donald Trump went ahead with imposing blanket 25 percent tariffs on Canada on March 4, with the tariffs lowered to 10 percent for Canadian energy. The next day, he announced a one-month exemption for automakers. ---More...
View Comments
The Epoch Times: “A Fresh Look at Our Changing World”
The Epoch Times is a privately held news media company. The center is in New York, but our network of local reporters throughout the world uncovers stories that are authentically local, yet also globally relevant. Our independence enables us to report widely and present a diversity of opinions.
We have offices in 30 countries across five continents, and our content is published in 17 languages. We are proud to offer print and web editions in Chinese, English, German, French, Spanish, Hebrew, Russian, Japanese, Korean and Indonesian, as well as web versions in Ukrainian, Bulgarian, Romanian, Czech, Slovak, Vietnamese and Swedish.