WASHINGTON — President-elect Donald Trump’s campaign promise to impose 10 to 20 percent universal tariffs on most U.S. imports has Canadian industry nervous about a potentially disastrous impact on the economy. With Canada’s crude oil exports to the United States reaching record levels this year — accounting for almost a quarter of U.S. refinery throughput — Canada’s energy industry is hopeful it will be spared.
POLITICO spoke with Dan Ujczo, Ohio-based senior counsel at Thompson Hine, who specializes in international trade and North American supply chains, about what Canada should expect.
This conversation has been edited for length and clarity.
Given their importance to U.S. refineries, do you expect Canadian energy exports to be exempt from Trump’s promise to put in place universal baseline tariffs of 10 to 20 percent?
