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Trump threatens oil tariffs during coronavirus, price war

Added 04-05-20 12:04:01pm EST - “As the COVID-19 pandemic continues, President Trump says tariffs on oil imports may happen for American energy worker protection.” - Foxbusiness.com

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Posted By TheNewsCommenter: From Foxbusiness.com: “Trump threatens oil tariffs during coronavirus, price war”. Below is an excerpt from the article.

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President Trump says the ongoing arguments between Russia and Saudi Arabia are severely hurting the oil industry.

U.S. President Donald Trump said on Saturday he would impose tariffs on crude imports if he has to "protect" U.S. energy workers from the oil price crash that has been exacerbated by a war between Russia and Saudi Arabia over market share.

"If I have to do tariffs on oil coming from outside or if I have to do something to protect our ... tens of thousands of energy workers and our great companies that produce all these jobs, I'll do whatever I have to do," Trump told reporters in a briefing about the coronavirus outbreak.

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