Canada is launching 25 per cent tariffs on all vehicles imported from the United States that are not compliant with CUSMA, Prime Minister Mark Carney announced Thursday. Vehicle parts are exempt. Oil tumbled the most since 2023 after enduring a twin hit from U.S. President Donald Trump’s trade tariffs and an OPEC+ decision to increase output faster than previously announced. One prominent energy investor says he is bullish on oil stocks, but less so on prices for the key commodity, which faces a double impact from U.S. tariffs and a surprise hike from Organization of the Petroleum Exporting Countries (OPEC+). Find out who’s on BNN Bloomberg TV today. Cut out the noise. Hear what matters. Get a customizable stock list and breaking news alerts. ©2025 BellMedia All Rights Reserved
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