Goldman Sachs: Trump's tariffs on Canada will have a "significant" impact on the United States

Goldman Sachs warned that Trump's proposed 25% tariff on Canada would have a significant impact on American consumers, potentially leading to a rise in fuel prices and a 0.9% increase in core PCE inflation. While the tariff may be a negotiation tactic, its implementation remains uncertain, but it is expected to significantly raise consumer prices. Goldman Sachs analysis pointed out that the tariff would affect American consumers, refiners, and Canadian producers, and reiterated the 2025 Brent crude oil price forecast of $76 per barrel