The tariff on products imported from Canada will cost Americans 15 cents a gallon or more at the gas pump relatively soon. That’s not as much of a price hike as we could have seen.

While the latest inflation data from the Bureau of Labor Statistics puts the annual price change nationwide on gas at +4.4%, some states have seen gas prices increase by more than double that, while prices have fallen significantly in others.

Analyst Tom Kloza, with Oil Price Information Service based in Gaithersburg, Maryland, said that Michigan is among the states with gas prices most likely to be affected by the tariffs on Canada, but forecasts of 50-75 cents a gallon more were too high.

President Donald Trump declared an economic emergency Saturday to place duties of 10% on all imports from China and 25% on imports from Mexico and Canada. Energy imported from Canada, including oil, natural gas and electricity,

President Trump's 25% tariffs on Canada and Mexico will boost gasoline prices by 30 to 70 cents per gallon, and several disrupt auto manufacturing.

The U.S. oil and gas industry is nervous about President Donald Trump’s decision to impose tariffs on Canadian energy products. Trump signed an executive order Saturday that adds a 10 percent tariff on oil,