Oil prices firm up as market weighs Trump tariff risks

Market focus turning to economic impact from Trump’s policy pledges, particularly imposition of tariffs and potential retaliatory responses

President Donald Trump speaks in the Roosevelt Room of the White House, on Tuesday.
President Donald Trump speaks in the Roosevelt Room of the White House, on Tuesday.Photo: AP/SCANPIX
Published 22 January 2025, 12:48Updated 22 January 2025, 12:58
Donald TrumpEIAoil marketsTrump InaugurationAmericas