{"id":37925,"date":"2025-04-04T15:29:48","date_gmt":"2025-04-04T15:29:48","guid":{"rendered":"https:\/\/news2shorts.com\/index.php\/2025\/04\/04\/oligarchy-trump-exempts-big-oil-donors-from-tariffs-package\/"},"modified":"2025-04-04T15:29:48","modified_gmt":"2025-04-04T15:29:48","slug":"oligarchy-trump-exempts-big-oil-donors-from-tariffs-package","status":"publish","type":"post","link":"https:\/\/news2shorts.com\/index.php\/2025\/04\/04\/oligarchy-trump-exempts-big-oil-donors-from-tariffs-package\/","title":{"rendered":"\u2018Oligarchy\u2019: Trump exempts big oil donors from tariffs package"},"content":{"rendered":"<p>Trump\u2019s new 10% universal tariffs will not apply to many fossil fuel products in sign of his fealty, advocates say<\/p>\n<ul>\n<li><a href=\"https:\/\/www.theguardian.com\/us-news\/live\/2025\/apr\/04\/donald-trump-fires-nsa-tim-haugh-tariffs-us-politics-latest-updates-news\">US politics live \u2013 latest updates<\/a><\/li>\n<\/ul>\n<p>The sweeping package of tariffs unveiled by Donald Trump on Wednesday includes an exemption for the energy sector, which is a clear sign of the president\u2019s fealty to his big oil donors over the American people, advocates say.<\/p>\n<p>Trump\u2019s new 10% universal tariffs \u2013 which are higher for many major economies \u2013 are wreaking havoc on the global economy and are expected to increase consumer prices in the US. But the levies will <a href=\"https:\/\/www.whitehouse.gov\/wp-content\/uploads\/2025\/04\/Annex-II.pdf\">not apply to many fossil fuel products<\/a>, including liquefied natural gas imports, crude oil from Canada, and materials needed for making petrochemicals.<\/p>\n<p> <a href=\"https:\/\/www.theguardian.com\/us-news\/2025\/apr\/04\/trump-exempts-big-oil-donors-from-tariffs\">Continue reading&#8230;<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Trump\u2019s new 10% universal tariffs will not apply to many fossil fuel products in sign of his fealty, advocates say US politics live \u2013 latest updates The sweeping package of tariffs unveiled by Donald Trump on Wednesday includes an exemption for the energy sector, which is a clear sign of the president\u2019s fealty to his &#8230; <a title=\"\u2018Oligarchy\u2019: Trump exempts big oil donors from tariffs package\" class=\"read-more\" href=\"https:\/\/news2shorts.com\/index.php\/2025\/04\/04\/oligarchy-trump-exempts-big-oil-donors-from-tariffs-package\/\" aria-label=\"Read more about \u2018Oligarchy\u2019: Trump exempts big oil donors from tariffs package\">Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-37925","post","type-post","status-publish","format-standard","hentry","category-blog"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/posts\/37925","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/comments?post=37925"}],"version-history":[{"count":0,"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/posts\/37925\/revisions"}],"wp:attachment":[{"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/media?parent=37925"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/categories?post=37925"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/tags?post=37925"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}