President Donald Trump announced his 25% import tariffs for Canada and Mexico would start on Saturday February 1st 2025. The president has not determined whether petroleum products from the two close countries will be a part of his tariff policies.
Trump informed reporters during his Thursday Oval Office address that a final choice would end the day about possible oil imports from Canada and Mexico. The administration states the purpose of this action is to prevent unauthorized immigration and minimize fentanyl trafficking but experts suggest such policies will produce detrimental effects.
Trump’s energy cost reduction campaign faces direct negative effects from his decision to tax Canadian and Mexican petroleum imports. According to expert analysis the higher costs will likely be incorporated into American fuel prices thus driving up gasoline expenses. 
Given the stage of his 2024 Pennsylvania town hall Trump promised that Americans would see their energy prices reduced in half throughout the entire country a year from that date (Jan. 20). Much debate surrounds the possible tariff implementation because voters express major worry about fuel prices while average gas costs reach $3.12.per gallon.
During October 2024 the Energy Information Administration reported that the United States received 4.6 million daily barrels of oil imports from both Canada and 563,000 barrels from Mexico.
During his criticism of Trump’s presidency Matthew Holmes from the Canadian Chamber of Commerce warned that American taxpayers would bear the burden of this tariff policy through increased expenses.
Trump disregarded negative economic forecasts when he maintained faith in the American economic stability. He revealed to reporters that the United States possessed sufficient oil resources to meet national demands despite importer dependence.
