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Finance· Commodities

Alberta Premier Rejects Using Oil as a Weapon Against Trump

Alberta’s Premier Danielle Smith has rejected the idea of slapping export taxes on crude oil exports to the United States in retaliation for the Trump administration’s tariff salvo against Ottawa, saying they would be damaging to Canada. “Although I understand the need to respond strongly to these tariffs, I cannot think of a more disastrous policy decision than cutting off or taxing Alberta’s oil to the United States,” Smith said as quoted by Global News, adding that the move would trigger a disproportionate tariff response from the United States that could hurt the Canadian economy.

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