Goldman Sachs: U.S. Tariffs Will Have Short-Lived Limited Impact on Oil Prices ...Middle East

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Goldman Sachs: U.S. Tariffs Will Have Short-Lived Limited Impact on Oil Prices
source : OILPRICE ( Middle East ) () 120
International oil and gas prices will see a limited short-term impact from President Trump’s new tariffs on Canada, Mexico, and China, according to Goldman Sachs. On Saturday, the U.S. Administration announced that additional tariffs would be implemented on February 4 on these countries. Canada and Mexico face 25% tariffs, with Canadian energy slapped with a lower, 10%, tariff. China, for its part, faces an additional 10% tariff across the board. Despite President Trump’s move, Goldman Sachs kept its oil price forecasts for this year…

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