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Reuters

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Business & Economics

Analysis-Trump's oil tariffs a boost for European and Asian refiners

Reuters
Summary
Nutrition label

81% Informative

U.S. President Donald Trump 's trade tariffs on Canadian and Mexican oil imports will offer European and Asian refineries a competitive advantage, analysts and market participants told Reuters .

Trump on Saturday ordered 25% tariffs on Mexican and Mexican imports and 10% on goods from China starting on Tuesday .

Tariffs will raise costs for the heavier crude grades US . refineries need for optimum production, industry sources said.

VR Score

92

Informative language

97

Neutral language

72

Article tone

formal

Language

English

Language complexity

64

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

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no sources

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