US President Donald Trump is expected to sign an executive order today imposing higher tariffs on imports to the US from Mexico, Canada and China, Reuters reported, quoted by BTA.
The White House announced yesterday that tariffs of 25 percent will be imposed on Mexico and Canada. An additional tariff of 10 percent on imports from China will be imposed.
This weekend, Trump is working from his "Mar a Lago" estate in the state of Florida, Reuters reports.
Earlier, the US president noted to journalists at the White House that an exception could be made for oil imports from Canada, which would be subject to a 10 percent tariff.
However, Trump indicated that in the middle of this month, tariffs on oil and natural gas imports to the US would be "expanded". Against the backdrop of this statement, the prices of black gold rose briefly on international markets, then fell.
In 2023, Canada exported oil worth nearly $100 billion to the US, according to US statistics.