Consumers should expect gas prices to increase as a result of President Donald Trump’s border tariffs on Canada, but it may not be as drastic as people feared.
Trump’s 25% levy on all goods from Canada, except for energy products, including oil and natural gas, which face a 10% tariff, was set to go into effect Tuesday. Canadian Prime Minister Justin Trudeau revealed Monday afternoon via X that the tariffs would be paused for at least 30 days after the Canadian government agreed to implement a $1.3 billion plan to stop the flow of fentanyl across the border.
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