Tariffs Seen Disrupting Oil Market, Raising US Pump Prices (2)

US President Donald Trump’s tariffs on imports from Canada and Mexico threaten to disrupt North America’s tightly integrated oil market and push up gasoline prices for American motorists.

Trump on Saturday signed orders implementing a levy of 10% on imports of Canadian energy, along with general levies of 25% on Canada and Mexico and 10% on China, according to White House officials who briefed reporters on condition of anonymity. The tariffs take effect at 12:01 a.m. on Tuesday.

Tariffs on Canada and Mexico may curtail shipments from the top two suppliers of foreign crude to the US. Almost all of ...