Major U.S. energy companies—including Plains All American Pipeline, Hess Corp and Kinder Morgan Inc.—are among those seeking exemptions from steel-import tariffs as the United States ratchets up trade tensions with exporters including China, Canada and Mexico, Reuters reports.
There have been nearly 21,000 requests overall for exclusions submitted to the U.S. Commerce Department since the Trump administration imposed levies this year. Of those, more than 500 petitions involve pipes and related materials.
Initial decisions are expected this month, Reuters reports, offering the first clues as to how the administration will balance an agenda favoring oil and gas exports while also supporting the U.S. steel and aluminum industries.
Reuters has the full story. Read about how the trade war is likely to impact Louisiana.