Uranium & Fuel

Trump Energy Tariff On Canada ‘Will Drive Up Uranium Prices’

By David Dalton
4 March 2025

Cameco executive says levy is ‘the wrong strategy’

Trump Energy Tariff On Canada ‘Will Drive Up Uranium Prices’
Donald Trump signing a series of executive orders on 20 January 2025, the day of his second inauguration as president of the US. Image courtesy Wikipedia Commons.
US president Donald Trump’s 10% tariff on energy imports from Canada will drive up prices as US utilities shop for millions of pounds of uranium needed to keep their reactors running, an executive at Canadian uranium miner and producer Cameco has warned.

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