Energy Intelligence’s World Energy Opinion
5 September 2018
The aggressive trade tactics being employed by US President Donald Trump pose a major problem for the country’s oil and gas industry. Tariffs on key raw materials like steel and aluminum will raise costs for new energy infrastructure, while escalating trade rows with key trading partners like China threaten to cut off important markets for US energy exports. This could provide a setback for another key part of Trump’s policy platform, American “energy dominance” — a goal which depends on the kind of access to overseas markets that the president’s combative approach to trade is jeopardizing.