Ottawa must ensure Trump understands importance of Canadian oil to US, minister says

Ottawa must ensure the Trump administration understands how inter-related energy markets are in the U.S. and Canada, a Canadian government minister said on Thursday, following President-elect Donald Trump’s threat to impose a 25% tariff on imports from the country. “We have some work to do to make sure we are effectively articulating the way in which tariffs would be counterproductive and that’s not just true of oil,” Natural Resources Minister Jonathan Wilkinson told Reuters in a phone interview, adding that Americans also benefited from Canadian uranium and hydro exports. Trump, who takes office on Jan. 20, said on Monday he would impose a 25% tariff on imports from Canada and Mexico until those countries clamped down on drugs and migrants crossing the border.Read More