We are sceptical that US tariffs on oil imports will ever see the light of day. But if they did, they would probably result in lower oil production in Canada and Mexico, increased US gasoline prices, and could lead to a tightening in the global oil market over the medium term.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services