Quotas

Steel Import Quotas Would ‘Cripple’ U.S. Oil, Gas Production, TIPRO Says

Steel Import Quotas Would ‘Cripple’ U.S. Oil, Gas Production, TIPRO Says

A plan purportedly under consideration by the Trump administration to replace tariffs on steel imported from Canada and Mexico with a quota system would “cripple expansion of U.S. oil and natural gas production because of supply restrictions,” according to the Texas Independent Producers and Royalty Owners (TIPRO).

November 27, 2018