Trump’s 10% oil tariff could cost foreign producers $10 billion annually, Goldman Sachs says
(Reuters) – Goldman Sachs said on Friday a proposed 10% U.S. oil tariff could cost foreign producers $10 billion per year, as Canadian and Latin American heavy crudes remain reliant on U.S. refiners due to limited alternative buyers and processing capabilities. President Donald Trump plans to impose a 25% tariff on Mexican crude and a…