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← Tariff Schedule
HS 2709.00Critical

Crude petroleum oils

Chapter 27 — Mineral fuels and energy|Energy tariff (Executive Order)
Current tariff rate
10%
Prior rate
0% (CUSMA)
Canadian export value
$120B
CUSMA eligible
Yes
TARIFF DETAILS
Effective date
2025-03-04
Tariff type
Energy tariff (Executive Order)
CUSMA INFORMATION
Eligibility
Eligible
SECTOR IMPACT

Alberta oil sands producers face $10–15/barrel cost disadvantage. Midcontinent US refiners configured for heavy crude cannot easily substitute.

NOTES

Canada is the largest crude oil supplier to the United States. The 10% energy tariff represents the first tariff on Canadian crude in modern history. Alberta heavy crude has limited alternative pipeline routes.

MITIGATION STRATEGIES

Actionable options for affected Canadian exporters

  1. 1

    Pricing pass-through

  2. 2

    Market diversification (CPTPP)

  3. 3

    Supply chain restructuring

INDUSTRIES AFFECTED BY THIS TARIFF

Canadian industries exposed to HS 2709.00 tariff changes

Oil Sands & Heavy Crude ProductionCritical
Energy·88/100 impact
Natural Gas Production & ExportCritical
Energy·73/100 impact
RELATED TARIFF CODES
2710.12High

Light petroleum oils and preparations (gasoline)

10%High
2710.19High

Heavy petroleum oils and preparations (diesel, fuel oil)

10%High
2711.11Critical

Natural gas, liquefied (LNG)

10%Critical

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