President Donald Trump's decision to implement a 10% tariff on Canadian energy starting Tuesday, in contrast to the announced 25% tariff on everything else from Canada, "will moderate the resulting increase in U.

Tariffs on oil imports mean higher costs for making finished fuels like gasoline, much of which is likely to be passed along to U.S. consumers.

While the tariffs on Mexico and Canada have been paused, there was still concern late Monday about what happens next month if the tariffs go ahead in a month.

While President Donald Trump campaigned on a pledge to lower fuel prices, energy experts predicted that his pending tariffs would increase prices at the gas pump.

The Trump administration’s plan to impose a 10 percent tariff on Canadian oil could lead to higher gasoline prices for U.S. consumers, particularly in regions that rely heavily on Canadian crude. The tariff,

If Republican President Donald Trump’s tariffs on oil and electricity imports from Canada are enacted next month, customers in the Northland could see energy prices increase. Tariffs of 10% on Canadian energy like oil,

Refineries in the Midwest, Great Lakes and Rockies rely more on the Canadian crude oil for sourcing oil for their refineries,” analyst Patrick De Haan said.