Oil imports exempted from Trump’s sweeping tariffs

Gulf region is spared high US tariffs, but not the pain of a global trade war

The NewsThe Gulf appears likely to have escaped the direct impact of US President Donald Trump’s blanket tariffs this week. Oil, gas, and refined products — the bulk of Gulf exports — are exempt, and the US is no longer a key market for Gulf crude. That’s why regional countries were hit with the blanket 10% tariff. There’s also little chance of retaliation: Gulf states import high-value goods from the US, like advanced tech and weapons systems, …

Uruguay's Orsi hopes to work out tariffs issue with Trump's gov't

Uruguayan President Yamandú Orsi Thursday underscored the importance of dialogue with the United States after the tariffs announced Wednesday by Donald Trump. The Broad Front (Frente Amplio - FA) leader noted that countries such as Mexico and Canada were exempted from those surcharges, which meant there was room for negotiations.

Reaction in the internal market despite the fact that imports of oil, gas and refined products are exempt from the new levies.

Trump’s tariffs already have a major carve-out. Oil and gas

There’s a notable exclusion from the U.S. plan

Oil imports exempted from Trump’s sweeping tariffs

Imports of oil, gas and refined products were exempted from U.S. President Donald Trump’s sweeping new tariffs, the White House said on Wednesday.

The U.S. leader has agitated international trade with a historic round of import fees