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Kiplinger
Kiplinger
Business
Sean Jackson

Trump's Tariffs Could Spike Gas Prices: Here’s How to Save

Toy electric vehicle facing toy gas-powered vechicle.

Unfortunately, it looks like higher gas prices might be coming to a gas station near you shortly.

President Donald Trump implemented a 25% tariff on goods imported from Canada and Mexico. However, he did reduce the tariffs on Canadian energy resources (natural gas and oil) to 10%.

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