Trump Says He Doesn’t Expect to Impose Tariffs on Oil Imports
- President says he’ll resort to oil tariffs if ‘I have to’
- U.S. has been in talks with Russia, Saudis on production cuts
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President Donald Trump said he doesn’t think he’ll have to impose tariffs on imported oil to blunt the impact of a price war between Russia and Saudi Arabia, but held out the option to protect U.S. oil producers.
“I would use tariffs if I have to,” he said at a White House news conference on Sunday, restating his position from Saturday’s briefing. “I don’t think I’m going to have to.”