Trump orders study before Tariffs on Canada ...

Trump orders study before Tariffs on Canada ...

Notice he wants a study first .....
It shows how stupid he is ...
A trillion plus in trade a year don't mess with such... especially oil.

60 % of your oil is imported from Canada ....
Your oil refineries cannot use his drill, drill, and more oil.
He must export such.
It would take 5 years to refit 128 oil refineries in the USA to use Brent crude and billions in costs
They can only use heavy oil from Canada and Venezuela.
Venezuela's oil infrastructure needs 5 years to produce what Canada is supplying—over 4 million barrels per day.

Oil Drilling & Gas Extraction in Canada...$158.2B
Chicken Egg Production in Canada....$80.7B
SUV & Light Truck Manufacturing in Canada...$40.7B
Petroleum Refining in Canada....$27.6B
Aircraft, Engine & Parts Manufacturing in Canada..$17.0B
Mineral & Phosphate Mining in Canada..$15.4B
Car & Automobile Manufacturing in Canada...$13.7B
Aluminum Manufacturing in Canada....$13.6B
Copper, Zinc & Lead Refining in Canada....$12.2B
Meat, Beef & Poultry Processing in Canada...$11.5B

In 2022, Canada exported $11.4 billion in car parts and accessories to the United States.