Trump on U.S. Imports of Oil and Lumber
Days before he ordered, and then paused, new tariffs on U.S. imports from Canada and Mexico, President Donald Trump argued that the U.S. does not need imported products such as crude oil and lumber from those countries. Experts told us that, in theory, if the U.S. stopped importing crude oil and lumber from Canada and Mexico, it still would be able to meet domestic demand using natural resources available in the U.S. But, in reality, they said, the transition would be costly and take some...
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