Chevron Speculates New Tariffs On Mexico May Hurt Imports of U.S. Gasoline & Diesel

By John Heerdink LinkedIn

Reportedly, Oil Giant Chevron Corporation (CVX) said that the recent implementation of tariffs could affect Mexico’s newly opened market for imports of U.S. gasoline and diesel.

Company’s spokesman Braden Reddall stated “Chevron supports free and fair trade and believes the imposition of new tariffs should be balanced against the potential for new retaliatory actions that impair the development of new markets,” as per reports.

Dow 30 component Chevron Corporation (CVX), through its subsidiaries, engages in integrated energy, chemicals, and petroleum operations worldwide.  To learn more about Chevron (CVX) and to track their progress please visit the Vista Partners Chevron Page.

Vista Partners LLC (”Vista”) is a California Registered Investment Advisor based in San Francisco. Vista delivers timely and relevant insights via the website: www.vistapglobal.com with daily stories, weekly market updates, monthly macroeconomic newsletters, podcasts, & Vista’s proprietary equity and market research to help you stay informed and stay competitive. Vista’s mission is to invest partner capital while arming investors with a comprehensive global financial perspective across all market sectors. Vista also seeks to provide select issuers with actionable advice regarding fundamental development, corporate governance, and capital market directives.

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Chevron says new U.S. tariffs may impair development of Mexican market

Oil giant Chevron Corp said on Friday the imposition of new tariffs may lead to retaliation by Mexico impairing the development of that nation’s recently opened market for imports of U.S. gasoline and diesel. “Chevron supports free and fair trade, and believes the imposition of new tariffs..

finance.yahoo.com

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