The 25% tariffs could increase the price of Canadian crude oil from about $63 per barrel to $80, according to De Haan. The refineries that serve Wisconsin rely primarily on Canadian crude oil, so within a few days of the tariffs kicking in, prices at the pump could rise between 20 and 50 cents a gallon.
Wisconsin businesses are generally supportive of increased tariffs against China but are more mixed in their views on potential tariffs against Canada and
President Donald Trump during his latest campaign called tariff the “most beautiful word in the dictionary” and pledged to tax imports at 60 percent or more. He also threatene
In 2023, the U.S. imported $4.6 billion worth of tequila and $108 million worth of mezcal from Mexico, according to the Distilled Spirits Council of the United States, a trade group. The U.S. imported $537 million worth of Canadian spirits, including $202.5 million worth of whisky.
According to the U.S. Energy Information Administration website, the states that use Canadian electricity are New York, including New York City, the Upper Midwest states of North Dakota, Wisconsin, Michigan, and Minnesota, as well as most of New England, including Massachusetts, Connecticut, Maine, Vermont, and New Hampshire.
RACINE, WI — Margaritas could get more expensive in the coming weeks if a 25% tariff goes into effect on imports from Mexico and Canada, as announced by the Trump administration on Friday. This story also appeared in Wisconsin Examiner The measures are set to take effect on Saturday,
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