Trump's tariff plan raises concerns for Canada's oil industry
President-elect Donald Trump has proposed a 25% tariff on Canadian goods, including oil and gas, raising concerns in Canada, particularly in Alberta. Analysts warn this could harm Canada's economy and increase fuel prices in the U.S. Canadian leaders and energy experts are urging Prime Minister Justin Trudeau to negotiate with the incoming administration to avoid these tariffs. They emphasize the importance of Canadian oil to U.S. refineries, especially in regions lacking sufficient domestic supply. Trudeau held an emergency meeting with provincial leaders to discuss strategies. Alberta's premier stated the province will work to strengthen ties with U.S. counterparts and address border security concerns, which Trump has linked to the tariff proposal.