Q: Thanks for your reply on the effects of Trump tariffs on various stocks I own . I will be doing a little re-balancing based on your answers . However you didn't opine on two on the list . ENB which I would suspect may be affected by a tariff on oil and AND which has both Canadian and American operations though I'm not sure of how much of each they have. Thanks again for your terrific service ......
5i Research Answer:
ENB may not be impacted much and in fact is planning on expanding pipeline operations if there is a surge in US drilling under Trump. AND has US brands and operations, but has not segmented results. Trans-border shipments could be impacted by tariffs (lower volume) but it has not segmented this info out, either.