Deer Park Refinery, the great ‘loser’ if Trump imposes tariffs on Mexican oil: Experts

President Donald Trump announced Friday his intentions to apply tariffs on imports of oil and gas from Mexico and Canada as of February 18, an action that could take the Mexican Petroleum Refinery (Pemex) located in Texas out of the market.Ramsés Pech, a partner in Caraiva and Associates-León & Pech Architects, considered that, in the case of Mexico, the big loser of this measure would be the Deer Park refinery.The specialist explained to El Fin…

Read time approx.: 2 minutes, 27 secondsThe gasoline imported from Mexico from the United States would be subject to a 25% tariff in line with the offensive that President Claudia Sheinbaum's government could present. Deer Park could be a key player in defending Mexico's interests in this new trade war declared by the Trump government. The Deer Park refinery that controls Pemex in Texas could help Mexico because it allows refining oil in the Uni…