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Crude futures fell in Asian trading on April 3 after the US announced blanket tariffs of at least 10% on imports and reciprocal duties on major partners. Energy imports were largely excluded from the tariffs, but analysts expected slower global growth.
Expectations of weaker global growth and oil demand from a trade war put downward pressure on crude and energy-linked input costs, while the energy exemption limits direct cost effects.
spglobal.com2025年4月3日在过去 56 次看跌的贸易事件之后，原油(Brent) 在 5 个交易日内中位数变动 -5.6%（20% 上涨；中间一半区间为 -9.0% 至 -1.7%），20 个交易日内为 -4.5%。
在过去 80 次看跌的贸易事件之后，原油(WTI) 在 5 个交易日内中位数变动 -2.2%（30% 上涨；中间一半区间为 -6.9% 至 +0.8%），20 个交易日内为 -1.5%。
各商品基准价相对事件前最后收盘价的变动。历史数据汇总同类过往事件；仅描述已发生的情况，不代表未来走势。不构成投资建议。
The US announcement of sweeping tariffs on April 3 raised global growth and oil demand concerns, triggering the initial sell-off in crude futures.
The Apr 3 US tariff announcement triggered the initial selloff via expected slower global growth, even though energy imports were largely excluded.
Crude fell in Asia after the blanket tariff announcement as slower global growth was priced in despite energy being excluded.
