Trump Is Playing Chicken With the Country That Fuels Half of America — During a Global Energy Crisis
Trump’s new Canadian tariffs threaten U.S. energy security and could push gasoline toward $5/gal amid global supply strain.
The U.S. government is putting taxes on Canadian oil, which is risky because America relies on Canada for half its oil supply. When something that many people depend on becomes harder or more expensive to get, prices at the gas pump could go up, and companies that sell oil or gas might face tricky choices.
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