The Trump administration’s doubling of sectoral tariffs on steel and aluminum went into effect on Jun. 4 while closing previous exemptions. The now-50% duties in place have direct consequences for the US oil and gas sector, which relies on imports to meet up to half of its supply of so-called oil country tubular goods (OCTG).
US Steel Tariffs: Prospects for Easing and Industry Impacts
Energy Intelligence examines the status and reach of elevated steel and aluminum tariffs, and the implications for the oil and gas industry.
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