Summary
Trump’s new tariffs on Canadian and Mexican oil are expected to raise U.S. gas prices.
Canadian oil imports face a 10% tariff, while Mexican oil is hit with 25%, increasing refining costs.
Analysts warn the tariffs will push fuel prices higher, with Midwest refineries particularly vulnerable due to reliance on Canadian crude.
East Coast drivers may also see cost hikes due to limited refining capacity.
Fuel traders expect the added costs to be passed on to consumers, contradicting Trump’s false promise to curb inflation.
Americans are gonna implode when their gas is still dirt cheap, compared to the rest of the world.
How would your budget look if one of your daily staples increased 25% overnight? It’s the same as New Yorkers or Californians mofking Midwesterns when their rent increase drastically to something that’s considered “low end” in their market.