Oil Prices Start the Week Higher Following Trump’s Tariffs ...Middle East

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Oil Prices Start the Week Higher Following Trump’s Tariffs
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Crude oil prices began trade this week with a gain following President Trump’s announcement of 25% tariffs on most Canadian and all Mexican exports to the United States. In mid-morning trade in Asia, Brent crude was changing hands for $76.16 per barrel and West Texas Intermediate was trading at $73.75 per barrel, both up after two consecutive weeks of losses. Canada was quick with its retaliatory move, saying it would slap in-kind tariffs on over $100 billion of U.S. imports, with a portion of these taking effect on Tuesday and the remainder…

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