President Donald Trump is expected to issue tariffs against Canada and Mexico that will begin on March 1, Reuters’ Jarrett Renshaw reports. The tariff situation, which will include a process for the countries to seek specific exemptions for certain imports, remains fluid and no decision is final until Trump makes a public announcement, the sources say. Trump has previously said that he plans to impose a 25% tariff on imports from the two countries. Publicly traded companies in the space include BP (BP), Chevron (CVX), ConocoPhillips (COP), Exxon Mobil (XOM), Shell (SHEL) and TotalEnergies (TTE).
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