Canadian energy firms extend declines after Reuters report on Trump's crude oil tariffs
Updates
** Canadian oil and gas producers fallafter Donald Trump pledged big tariffs on imports from its neighbor on Monday
** Reutersreports that Trump's plan to impose 25% tariffs on Canadian and Mexican imports in his first day in office does not exempt crude oil from the trade penalties
** The U.S. president-elect said on Monday hewould impose a 25% tariff on imports from Canada and Mexico until they clamped down on drugs, particularly fentanyl, and migrants crossing the border
** Cenovus Energy CVE.TO, Imperial Oil IMO.TO, Suncor Energy SU.TO and Canadian Natural Resources CNQ.TO down between 1.8%and 3.6%
** Vast majority of Canada's 4 million barrels per day of crude exports go to the U.S.
Reporting by Sourasis Bose in Bengaluru
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