The commodity markets are preparing for Trump's drawings ... and the oil between the threats

The commodity markets strongly expect US President Donald Trump to put sanctions on Canadian imports, including raw materials such as oil, according to the “Goldman Sachs” bank. The bank has warned at the high prices of gasoline in the middle of the region if the sanctions include crude oil flow. ‘Goldman’ analysts, including Samantha Dart and Dan Strovin, indicated that the differences in the regional prices of goods, including oil, copper and aluminum, reflected a 85% possibility to set up a 10% customs tariff on these goods. They added that there are lower possibilities for ultimately higher customs duties. Prepare for the graphic earthquake, the markets of raw materials, of energy, are prepared for minerals, for a wave of unrest in light of Trump’s attempt to reform the world trade scene. The US administration has launched a set of options, including threats to impose fees on the flow of its nearest neighbors, and possible restrictions on China, as well as sectoral taxes on some commodities. There was also talk of the possibility of drawing up a comprehensive customs tariff. Also read: Trump is considering customary lights on Canada and Mexico oil so far. Trump threatened to move forward tomorrow, Saturday, in setting drawings on Canada and Mexico. But he pointed out that oil is excluded from sanctions at the time. Canada is the largest external resource for crude oil for the United States, where the US Mid -West Raffineries are dependent on this crude for its consignments. The analysts concluded: “Customs definitions on Canadian oil can lead to increases that can increase popular dissatisfaction in the US Middwest due to high petrol prices, even if these increases are temporary.”