News

TC Energy CEO warns Trump tariffs will hit fuel prices - FT (TRP:NYSE)

Seeking Alpha · last updated
Golden pipes going to oil refinery

kodda/iStock via Getty Images

U.S. tariffs on Canadian and Mexican oil and gas will fuel inflation and threaten energy security, TC Energy (NYSE:TRP) CEO François Poirier warned in an interview Wednesday with the Financial Times.

Tariffs are “typically inflationary in nature because you are not delivering production