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Yo_Mama_Been_Loggin

(107,881 posts)
Mon Mar 12, 2018, 10:29 AM Mar 2018

This is how pipeline companies will seek a pass on Trump tariffs

Many businesses that so far have been big boosters of President Trump's agenda are scrambling to figure out how to avoid the crushing new tariffs he announced last week.

In the wake of the announcement, a lobbying race is on for industries aiming to carve out exemptions to the 10 percent tariff on imported aluminum and 25 percent tariff on imported steel. Oil and natural gas pipeline companies are surprisingly optimistic about being excluded from the protectionist measures, despite the Trump insisting that unless pipeline steel “comes from the United States … we're not building one.”

“We certainly believe it should qualify for an exemption,” said John Stoody, vice president of government and public relations for the Association of Oil Pipe Lines.

The tariff tussle is a latest test of the degree to which Trump — and those around him in the administration — will let his protectionist tendencies get in the way of his administration’s effort to maximize domestic fossil-fuel production.

https://www.washingtonpost.com/news/powerpost/paloma/the-energy-202/2018/03/12/the-energy-202-this-is-how-pipeline-companies-will-seek-a-pass-on-trump-tariffs/5aa5d01830fb047655a06bfe/?utm_term=.ead2bcdb0191

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