The U.S. Chamber of Commerce said six states, including major natural gas and oil producers Texas and Pennsylvania, would be hurt the most in an escalating trade war with Canada, China and the European Union (EU), which have retaliated for tariffs enacted by the Trump administration on imported steel, aluminum and other goods.
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Texas Governor Berates Trump Over Tariffs
Republican Gov. Greg Abbott of Texas, a supporter of President Trump, on Thursday said the administration’s new tariffs on steel and aluminum imports could threaten future economic growth in the state and across the country.
ExxonMobil, Chevron CEOs Lament Trump Tariffs, See Potential ‘Drag on Growth’
The chief executives of the largest U.S. oil and gas businesses in the country on Tuesday said the Trump administration’s decision to impose tariffs may imperil relationships with overseas markets and dampen energy demand.
China’s $83.7B Plans for West Virginia Shale, PetChem Projects in Jeopardy As Trade War Escalates
As fears over a trade war with the United States loom, executives from China Energy Investment Corp. canceled an appearance they were scheduled to make at an industry conference in Pittsburgh this week, where a key announcement was expected about its multi-billion dollar plans for shale gas-related projects in West Virginia.
$44B Needed Annually Through 2035 for U.S., Canada NatGas, Oil, NGL Pipes, INGAA Says
Natural gas, oil and natural gas liquids (NGL) midstream infrastructure development in the United States and Canada will continue at a significant pace through 2035, with an average $44 billion investment needed each year, according to a report released Monday by the Interstate Natural Gas Association of America’s (INGAA) INGAA Foundation.
Trump’s 25% Tariff on Chinese Imports Includes Offshore Drilling Parts
In another sign of a developing international trade war, the Trump administration has enacted a 25% tariff on a host of products imported from China, including parts used for offshore oil and natural gas drilling and production platforms.
API’s Gerard Warns Tariffs ‘Not Good’ For Oil & Gas Industry; Mexico Strikes Back
Mexico’s plans to retaliate against the Trump administration for its decision last week to impose tariffs on steel and aluminum imports started to come into focus Tuesday.
Mexico Files WTO Complaint on Tariffs; Trump Said Considering Bilateral NAFTA Negotiations
Mexico said it would follow the European Union’s (EU) lead and file legal proceedings with the World Trade Organization (WTO) over the Trump administration’s decision last week to impose tariffs on steel and aluminum imports.
Mexico, Canada and EU Warn of Trade War After Trump Imposes Steel, Aluminum Tariffs
Fears of an international trade war have erupted after the Trump administration prepared to impose at midnight Friday (June 1) twice-delayed tariffs on steel and aluminum imports from the three leading U.S. allies — Mexico, Canada and the European Union (EU).
White House Slaps Steel, Aluminum Tariffs on Canada, Mexico, EU
Fears of an international trade war erupted Thursday after the Trump administration said it would impose at midnight Friday twice-delayed tariffs on steel and aluminum imports from three leading U.S. allies — Canada, Mexico and the European Union (EU).