Tariffs would need to be in place for years to alter US-Canada crude flows, Enbridge says
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Enbridge Inc.'s CEO stated that tariffs on Canadian oil would need to be in place for years to significantly impact U.S. crude imports from Canada.
March 04, 2025 | 6:30 pm
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Enbridge Inc.'s CEO indicated that tariffs on Canadian oil would need to be sustained for years to significantly affect U.S. crude imports from Canada.
The statement by Enbridge's CEO suggests that any potential tariffs would not have an immediate impact on the company's operations or the crude oil trade between the U.S. and Canada. This implies a neutral short-term impact on Enbridge's stock price.
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