Donald Trump’s new tariff package includes exemptions for the fossil fuel industry, reflecting his alignment with major oil donors. The 10% tariffs, which affect many global economies, exclude liquefied natural gas imports, Canadian crude oil, and petrochemical materials. This decision follows significant financial contributions from the oil sector to Trump’s re-election campaign. While the exemption aims to protect the energy industry from market disruptions, it may still face indirect impacts due to increased production costs. Critics argue this decision prioritizes billionaire donors over broader economic and environmental concerns.
— new from The Guardian
