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Trump says if he has to put tariffs on oil imports to protect energy workers he will

Published 04/04/2020, 22:43
Updated 04/04/2020, 22:48
© Reuters.

WASHINGTON, April 4 (Reuters) - President Donald Trump said
on Saturday he would put tariffs on imports of crude oil or take
other measures if he has to protect energy workers from the oil
price crash.
"If I have to do tariffs on oil coming from outside or if I
have to do something to protect our ... tens of thousands of
energy workers and our great companies that produce all these
jobs, I'll do whatever I have to do," Trump told reporters in a
briefing about the coronavirus outbreak.
Oil prices have crashed as the pandemic crushes demand and
as Russia and Saudi Arabia boost output in a war over market
share. After meeting with executives from big oil companies on
Friday, Trump said he was not thinking of imposing tariffs at
the moment, but it was a tool that could be used.

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