Canada’s oil patch rattled by Trump's tariff threat
The proposed tariffs, if applied to oil and gas, could hammer Canada's economy and hike prices at the pump for Americans, analysts say.
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Canadian politicians and energy experts are warning the hefty tariff would have dire consequences for the economy of America's northern neighbour - and hike prices on US consumers.
"Canada has no choice in this," Dennis McConaghy, an Alberta-based former energy executive, told the BBC.
"It has to find an accommodation with Trump."
Trump announced on Monday that, upon taking office in January, he would slap an across-the-board tariff on Mexico and Canada - with no suggestion that would exclude oil and gas.
https://www.bbc.com/news/articles/c86q87yjgzjo
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