US oil imports from Canada hit record ahead of tariff threat, EIA data shows

By Shariq Khan – Reuters

NEW YORK, Jan 8 (Reuters) – U.S. crude oil imports from Canada rose last week to the highest on record, data from the U.S. Energy Information Administration (EIA) showed on Wednesday, ahead of incoming U.S. president Donald Trump’s plans to levy a 25% tariff on Canadian imports.

Trump, who has long complained about Canada’s trade surplus with the U.S., on Tuesday threatened to use economic force to turn Canada into the 51st U.S. state. He previously said he will apply tariffs on imports from Canada and Mexico immediately after his inauguration on Jan. 20.