From Yahoo Finance: 2025-06-02 09:00:00

President Trump’s tariffs were blocked by the U.S. Court of International Trade, but the Court of Appeals allowed him to continue collecting tariffs. Convenience store executives, like Murphy USA’s Andrew Clyde, aren’t worried about the impact. John Carey of EG America believes the 1,500-store retailer can handle the challenges.

Smaller retailers, like Noble Markets’ Michael Frisbie, also remain unconcerned about the tariffs. However, industry experts warn that tariffs could raise prices across the board, leading to higher operating costs for businesses and potentially impacting customers. Consultant Kevin Farley notes the uncertainty surrounding the industry due to the tariffs.

Trump’s 10% tariff on oil and energy imports from Canada could significantly impact oil prices. With many c-store retailers and fuel suppliers based in Canada, industry experts like Julie Jackson are concerned about the potential impact on businesses. Tom Kloza remains optimistic, believing the U.S. is too dependent on Canadian oil for lasting tariffs.

The trade war with Canada could affect the cost and flow of building materials, such as cement and steel. Trump’s proposed 50% tariff on steel could lead to higher costs and delays in building and remodeling convenience stores. Jackson expressed concerns about the impact on facilities due to potential delays and increased costs. C-store retailers are bracing for potential impacts of tariffs on construction costs and materials. Experts advise maintaining good communication with suppliers and preparing for potential price increases. Smaller retailers may be at a disadvantage due to less frequent ordering compared to larger competitors. Uncertainty looms as the industry awaits court decisions on tariff policies.

Read more: C-store execs aren’t too concerned about tariffs. Experts think they should be.