As Trump’s tariffs loom, what lies in store for North American oil and gas?

Trump administration confirms 25% tariffs on Canada and Mexico are coming Saturday, but oil may escape duties

US President Donald Trump speaks to the press after signing an executive order in the Oval Office of the White House on 30 January.
US President Donald Trump speaks to the press after signing an executive order in the Oval Office of the White House on 30 January.Photo: AFP/SCANPIX
Published 31 January 2025, 11:56Updated 31 January 2025, 19:38
CanadaMexicoAlbertaTD CowenRystad Energy