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China Economic Net, China-Singapore Jingwei: (Dong Xiucheng) How will Trump’s threat to increase taxes on Cuban oil suppliers affect international oil prices?

Release time: 2026-02-06 Number of views: 2759_2820 times

(Source: China-Singapore Jingwei 2026-01-30)

According to CCTV News, on January 29, local time, U.S. President Trump signed an executive order declaring a national emergency and threatening to impose additional ad valorem tariffs on U.S. goods from countries that provide oil to Cuba.

Talk about the impact on international oil prices,Dong Xiucheng, Executive Dean of the China International Carbon Neutral Economic Research Institute, w88 casinoIn an interview with Zhainan Finance, he said that the United States has imposed import tariffs on countries that export oil to Cuba. The impact on international oil prices may cause small fluctuations in the short term, but the impact will be limited in the long term. Its core is geo-risk premium and w88 path disruption, rather than changing the fundamentals of global oil supply and demand.

Specifically, Dong Xiucheng’s analysis is as follows:

In the short term, geopolitical premiums drive up volatility. Cuba imports about 40,000 barrels of oil per day, accounting for only about 0.004% of global daily consumption, and has minimal impact on global supply and demand. U.S. policies are directed at Mexico (Cuba's largest oil supplier) and others, triggering market concerns about w88 barriers and supply uncertainty, adding to speculative sentiment and driving short-term fluctuations in oil prices.

In the medium term, oil supplier countries may reduce exports to Cuba to avoid tariffs, oil w88 flows will be rerouted, and local logistics costs will rise. If countries such as Mexico reduce their exports to the United States or adjust their oil supply strategies, it may affect the pace of regional supply. However, OPEC+ and others can offset this by increasing or reducing production, and it is difficult to change the global supply and demand pattern.

In the long term, the global economy and oil demand are the dominant factors. w88 frictions caused by tariffs may inhibit demand, which in turn will put certain downward pressure on oil prices. However, the policy may face opposition from allies and implementation exemptions, and the actual impact may be weakened, making it difficult to form a sustainable price driver.

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