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Tag Archives: Tax Saudi oil

Should Trump’s Answer to the Oil Crash Be a Tax on Saudi Crude?

President Trump pointing his finger in a confident manner, like he's saying, "You. You're Fake News" or something like that.

BLOOMBERG, March 12, 2020 🛢Shale titan Hamm plans to file complaint against Saudi Arabia 🛢U.S. administration under pressure to contain market turmoil By Pratish Narayanan, Stephen Cunningham, and Jennifer A Dlouhy for BLOOMBERG If Donald Trump wanted to shield U.S. shale from oil’s crash, he could unleash a familiar weapon against rival producers such as Saudi Arabia: tariffs. The U.S. president’s trade war …

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