Halliburton Co

HAL: XNYS (USA)
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Big Three Oilfield Services: Tariff Impacts Cause Us to Reduce Fair Value Estimates by 3%–6%

President Trump unveiled a broad new tariff plan. The plan calls for a 10% baseline tariff on all imports. China will face higher tariffs. The Organization of the Petroleum Exporting Countries and partners, or OPEC+, will also raise crude production by 411,000 barrels per day in May.

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