Trump Did not Rule out Tariffs on Oil Imports

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The American leader mentioned “very substantial tariffs” on oil imports to the United States. US President Donald Trump did not rule out that oil import tariffs can be introduced if commodity prices do not stabilize. The corresponding statement was made by the head of the American administration on Sunday, April 5, to journalists in Washington. According to him, “very substantial tariffs” can be introduced.  However, “I don’t think I should do this, because Russia will not benefit from this, like Saudi Arabia,” Trump clarified. “That would be very bad for them,” he added. OPEC+ Summit postponed Amid the price war between Moscow and Riyadh, the price of Brent crude oil dropped to about $ 32 per barrel - compared with $ 65 at the end of last year. OPEC+ countries previously postponed an emergency summit scheduled for April 6, Reuters reported citing sources in the organization. The new date for the summit may be April 8 or 9. This will provide additional time for negotiations on the volume of reduction in oil production.