How Global Oil and Gas Companies Are Responding to Trump’s Tariffs and U.S. Trade Uncertainty The re-election of Donald Trump and the subsequent escalation of his tariff policies have sent shockwaves through the global oil and gas industry. Trump’s aggressive trade agenda, characterized by sweeping tariffs on imports from major trading partners like Canada, Mexico, […]
Trump’s EU Tariff Threats & the Oil and Gas Industry In May 2025, U.S. President Donald Trump escalated trade tensions with the European Union (EU) by threatening a 50% tariff on EU imports starting June 1, citing stalled trade negotiations and a persistent trade deficit. This follows earlier threats in December 2024, where Trump demanded […]
Trump’s Tariff Announcement on Venezuelan Oil Buyers – Implications for Global Trade and American Consumers On March 24, 2025, President Donald Trump took to his Truth Social platform to announce a bold new trade policy: a 25% tariff on all imports from any country purchasing oil or gas from Venezuela, effective April 2, 2025. In […]