Will tariffs dampen oil demand?

The retaliatory tariffs which China has threatened to impose on oil imports from the US would not in themselves change the balance of supply and demand in global oil markets. But if China chooses to source more oil from Iran, or to scale back its strategic reserves, the result could be lower oil prices.

Subscriber content

Read this in full, free

Start a free trial and use one of your 10 free starter credits to unlock this piece.


Free. 10 articles. No card required.
By completing this form you are agreeing to our Terms and Conditions for the provision of a free trial of Capital Economics' services. We take your privacy seriously and will not share your details with others without your consent. By providing your details, including your email address, you are consenting to Capital Economics sending you macroeconomic commentary and analysis. You can unsubscribe at any time. See our Privacy Policy for more information.

Already a client or trialist? Log in to read this.