Trump says 25% tariffs on Mexico and Canada may not include oil

President Donald Trump speaks to members of the press in the Oval Office of the White House on Jan. 30, 2025. Kent Nishimura for The Washington Post | Getty Images Donald Trump has confirmed he will impose 25% tariffs on imports from Mexico and Canada from February, following through on threats issued weeks earlier. The … Read more

Crude prices jump as U.S. imposes sweeping sanctions against Russia oil industry

A view of offshore oil and gas platform Esther in the Pacific Ocean on January 5, 2025 in Seal Beach, California.  Mario Tama | Getty Images Oil prices jumped on Friday as the U.S. Treasury Department announced sweeping sanctions against Russia’s oil industry. Brent gained $2.84, or 3.69%, to close at $79.76 per barrel, while … Read more