Andrew Burton/Getty Images President Donald Trump granted several countries temporary exemptions from steel tariffs. If Trump imposes those tariffs, it will burden Texas oil and gas producers through higher production costs. The Texas Alliance of Energy Producers released a statement last week opposing the tariffs. The imposition of steel import tariffs and quotas will directly burden Texas oil and gas producers with higher costs for oilfield steel goods, which could result in job losses, reduced activity, and smaller companies struggling to absorb additional costs, the Texas Alliance of Energy Producers (TAEP) said in comments on the U.S.
Trump's Steel Tariffs Could Hit The Epicenter Of The Us Oil Industry
Feedburner, Business Insider
Wed, 05/23/2018 - 3:45pm
Topics: andrew burton/getty images president donald trump if trump the texas alliance energy producers taep said u.s ldquo;clearly oil country tubular goods octg lp john tintera taep business insidernow watch north south korean us shale wall street president the texas alliance energy producers taep octg steel tariffs gas costs products burden ndash higher production smaller
BING NEWS:
- Biden is fighting Trump's tough tactics by calling for tripled tariffs on Chinese steel imports
China's economy struggles to consume all it's producing, exporting the most steel since 2016 amid a real-estate slump.
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04/5/2024 - 4:52 am | View Link - Donald Trump's Golf Club Hit by Earthquake
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04/5/2024 - 1:38 am | View Link - Biden Administration Oil, Gas Drilling Approvals Outpace Trump’s
WASHINGTON— Federal data show the Biden administration approved 6,430 permits for oil and gas drilling on public lands in its first two years, outpacing the Trump administration’s 6,172 ...
01/23/2023 - 11:01 am | View Link - Trump's Base In Panic Over 25% Tariffs On China Goods
Suffice it to say, they are in panic mode. Tariffs of 10% on some $200 billion worth of Made in China goods will go to 25% at midnight tonight. The only way tariffs do not go up is if Liu He ...
05/9/2019 - 6:23 am | View Link - More
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