Politics and Government Politics and Government
Tue, December 17, 2024
[ Tue, Dec 17th 2024 ] - MSN
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[ Tue, Dec 17th 2024 ] - MSN
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[ Tue, Dec 17th 2024 ] - MSN
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[ Tue, Dec 17th 2024 ] - MSN
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[ Tue, Dec 17th 2024 ] - MSN
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[ Tue, Dec 17th 2024 ] - MSN
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[ Tue, Dec 17th 2024 ] - MSN
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[ Tue, Dec 17th 2024 ] - MSN
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[ Tue, Dec 17th 2024 ] - MSN
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[ Tue, Dec 17th 2024 ] - MSN
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[ Tue, Dec 17th 2024 ] - MSN
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[ Tue, Dec 17th 2024 ] - Sky
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[ Tue, Dec 17th 2024 ] - MSN
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[ Tue, Dec 17th 2024 ] - MSN
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[ Tue, Dec 17th 2024 ] - MSN
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[ Tue, Dec 17th 2024 ] - MSN
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[ Tue, Dec 17th 2024 ] - MSN
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[ Tue, Dec 17th 2024 ] - MSN
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[ Tue, Dec 17th 2024 ] - MSN
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[ Tue, Dec 17th 2024 ] - MSN
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[ Tue, Dec 17th 2024 ] - FOX59 News
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[ Tue, Dec 17th 2024 ] - MSN
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[ Tue, Dec 17th 2024 ] - The Globe and Mail
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[ Tue, Dec 17th 2024 ] - The Globe and Mail
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[ Tue, Dec 17th 2024 ] - Yahoo
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[ Tue, Dec 17th 2024 ] - The New York Times
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[ Tue, Dec 17th 2024 ] - MSN
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[ Tue, Dec 17th 2024 ] - MSN
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[ Tue, Dec 17th 2024 ] - MSN
Trump tariff plan threatens to drive up gas prices

Trump tariff plan threatens to drive up gas prices


Published on 2024-12-17 07:21:20 - MSN
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  • Trump said that on his first day in office, he would place 25 percent tariffs on all Canadian and Mexican goods. The two countries are the leading sources of U.S. oil imports.

The article from MSN discusses former President Donald Trump's proposal to impose a 10% tariff on all imported goods, which could significantly impact gas prices in the United States. This tariff plan, part of Trump's broader economic strategy if he were to return to office, aims to protect American industries but could lead to higher costs for consumers, particularly at the gas pump. The article highlights concerns from economic analysts and industry experts who warn that such tariffs would increase the cost of crude oil imports, thereby driving up gasoline prices. This could exacerbate inflation and potentially strain the economy, especially if other countries retaliate with their own tariffs. The piece also notes the political implications, with critics arguing that this policy might alienate voters concerned about rising living costs, while supporters see it as a necessary measure to bolster domestic production and reduce reliance on foreign oil.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/politics/government/trump-tariff-plan-threatens-to-drive-up-gas-prices/ar-AA1w0W7d ]
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