Quote:
Originally Posted by Bigtime
Ok, so now we are getting 25% tariffs starting tomorrow, except oil is exempted until February 18th and then it will get a 10% tariff.
Look for this to change who knows how many times after I post this.
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I thought it was 10% “less” on O&G, so presumably 15%?
Seems like Trump thinks they can develop a strategy to offset the effect of this, ie find more barrels in their own internal sources, by feb 18? Or does it just take that long to develop a mechanism to charge the tariff?