Canada Energy Minister Warns Trump Against an Oil Trade War [BNN Bloomberg (Canada)]
Exxon Mobil Corporation (XOM)
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Source: BNN Bloomberg
The US doesn't have easy alternatives to Canadian crude oil, uranium, potash and other critical minerals, Wilkinson said. And he warned that nothing is off the table when it comes to potential Canadian trade retaliation, including export taxes. At a news conference Tuesday, Trump repeated his pledge to put “very serious” tariffs on all Canadian imports. “We don't need anything they have,” the president-elect told reporters about Canada. Wilkinson will be in Washington next week and is working on lining up meetings with American lawmakers. He spoke to Bloomberg News in Canada's Parliament on Wednesday, just outside the room where his Liberal Party caucus was meeting to discuss the rules of the impending leadership race. What is your response to Trump saying the US doesn't need anything from Canada? That's simply false. The United States derives enormous economic value from Canada, and it does so with resources that it would have a very difficult time accessing from others. If
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- Canada Energy Minister Warns Trump Against an Oil Trade War [Yahoo! Finance]Yahoo! Finance
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