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National Post
National Post
10 Nov 2024


NextImg:Trump is likely to exempt Canadian energy from tariffs, Wilbur Ross says

President-Elect Donald Trump will follow through on his plans to hit imports with tariffs but is likely to carve out exemptions for sectors such as Canadian oil and gas, former US Commerce Secretary Wilbur Ross said.

Canada is the largest external supplier of energy to the U.S., reaching nearly $160 billion in 2022, most of which is crude oil, petroleum products or natural gas.