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Trump's oil import tariffs threat is 'more bark than bite': ClipperData

The threat by U.S. President Donald Trump to impose oil import tariffs is "more bark than bite" to protect U.S. energy workers amid falling oil prices and the Saudi Arabia-Russia price war, says Matt Smith, director of commodity research at ClipperData. He notes that U.S. imports of Saudi Arabian crude have already dropped to near record lows in recent years.
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Sun, Apr 5 202011:43 PM EDT