# Oil falls to lowest since 2021 as Trump's tariffs take effect

> Oil fell for a fifth straight day to its lowest since 2021 after Trump's reciprocal tariffs took effect, including a 104% duty on Chinese goods. Brent dropped to $60.22 and WTI to $57.04 as trade war concerns mounted.

- Date: 2025-04-09 · published 2025-04-09T12:00:00.000Z
- Category: trade · region Global · magnitude high
- Page: https://feedsoft.ai/events/6322-oil-falls-to-lowest-since-2021-as-trump-s-tariffs-take-effect
- Commodities: [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Sharp tariff escalation between the two largest economies raises recession and fuel demand fears, pushing crude lower and weighing on energy-linked feed and biofuel inputs.

## Read by commodity

- SBO: bearish ▼
- SOY: bearish ▼
- WTI: bearish ▼
- BRENT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WTI | 2025-04-04 | [Oil dives 7% to lowest in over 3 years on China's tariffs](https://feedsoft.ai/events/6315-oil-dives-7-to-lowest-in-over-3-years-on-china-s-tariffs.md) | -10.2% | -12.0% |
| WTI | 2025-04-03 | [OIL FUTURES: Crude prices sink after Trump unveils sweeping new tariffs](https://feedsoft.ai/events/7296-oil-futures-crude-prices-sink-after-trump-unveils-sweeping-new-tariffs.md) | -13.1% | -16.5% |
| WTI | 2019-08-01 | [Oil slumps 7% as Trump announces additional tariffs on Chinese imports](https://feedsoft.ai/events/8492-oil-slumps-7-as-trump-announces-additional-tariffs-on-chinese-imports.md) | -12.7% | -4.7% |
| WTI | 2018-04-06 | [US oil closes 2.3% lower after Trump's latest China trade threats](https://feedsoft.ai/events/10843-us-oil-closes-2-3-lower-after-trump-s-latest-china-trade-threats.md) | +5.6% | +7.7% |
| WTI | 2019-08-01 | [Stocks Sink After a New Tariff Threat From Trump](https://feedsoft.ai/events/8499-stocks-sink-after-a-new-tariff-threat-from-trump.md) | -12.7% | -4.7% |
| BRENT | 2025-04-04 | [Oil dives 7% to lowest in over 3 years on China's tariffs](https://feedsoft.ai/events/6315-oil-dives-7-to-lowest-in-over-3-years-on-china-s-tariffs.md) | -9.8% | -13.9% |
| BRENT | 2025-04-03 | [OIL FUTURES: Crude prices sink after Trump unveils sweeping new tariffs](https://feedsoft.ai/events/7296-oil-futures-crude-prices-sink-after-trump-unveils-sweeping-new-tariffs.md) | -12.8% | -18.2% |
| BRENT | 2019-08-01 | [Oil slumps 7% as Trump announces additional tariffs on Chinese imports](https://feedsoft.ai/events/8492-oil-slumps-7-as-trump-announces-additional-tariffs-on-chinese-imports.md) | -13.9% | -6.4% |

## Sources

- cnbc.com: https://www.cnbc.com/2025/04/09/oil-slides-nearly-4percent-as-us-kicks-off-104percent-tariffs-on-china.html

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.