Trump's tariffs risk LP gas prices

02 MIN 00 SEC

Mario López

Mexico City (July 16, 2025) - 5:00 a.m.

Mexico is the main importer of propane gas from the US, as the country is not self-sufficient in the production of this product, which is used to make LP gas, explained Adrián Calcaneo, vice president of Energy and Raw Materials at Chemical Market Analytics of OPIS. Credit: AFP

With the United States threatening to impose 30 percent tariffs starting August 1, there is a risk that LP gas prices will rise if Mexico, Brazil, or China respond with a tax on butane and propane, said OPIS, a Dow Jones company.