The tariff on products imported from Canada will cost Americans 15 cents a gallon or more at the gas pump relatively soon. That’s not as much of a price hike as we could have seen.

President Donald Trump declared an economic emergency Saturday to place duties of 10% on all imports from China and 25% on imports from Mexico and Canada. Energy imported from Canada, including oil, natural gas and electricity,

Analyst Tom Kloza, with Oil Price Information Service based in Gaithersburg, Maryland, said that Michigan is among the states with gas prices most likely to be affected by the tariffs on Canada, but forecasts of 50-75 cents a gallon more were too high.

Tariffs on oil imports mean higher costs for making finished fuels like gasoline, much of which is likely to be passed along to U.S. consumers.