U.S. hits $1.1 billion Texas oil pipeline with steel tariff

[TexasTowelie]

A $1.1 billion U.S. shale pipeline on Monday was denied an exclusion to the Trump administration’s tariff on imported steel, the first such ruling on a major energy project since the tariff went into effect.

Pipeline operator Plains All American Pipeline LP’s request was denied because suitable product is available from domestic producers, the Commerce Department ruling said.

The Trump administration this spring slapped a 25 percent tariff on imported steel and 10 percent on imported aluminum to safeguard U.S. jobs. It allowed companies to seek exemptions if metals were not available in sufficient quality, quantity or in a reasonable time.

Several major energy companies, including Kinder Morgan Inc are awaiting rulings.

Read more: http://www.unionleader.com/article/20180716/NEWS06/180719502/1010/news06

[duforsure]

1. More reasons for Texans to vote ALL republicans out of office.

They also announced the shrimping industry would be destroyed almost completely too. Vote them out!

[greymattermom]

2. What will destroy the shrimping industry?

This could make a big difference in coastal Georgia too. Georgia whites are part of the tourism industry in the Brunswick area.

[3Hotdogs]

3. They can't get laborers. Same with Georgia peach pickers and other farm migrant labor.

[JayhawkSD]

4. We're talking about prices, AMERICAN JOBS and WAGES

What do tariffs cause? They cause prices to go up.
They cause more American jobs to be created.
They cause wages to increase for those American jobs.

Why are we screaming in outrage when two of the three results of tariffs are items that are highest on our list of demands?

We want the good manufacturing jobs which were offshored to be returned to this country. Maybe tariffs will do that, maybe not. But doing noting most certainly will not. Notice that when foreign products become more expensive, domestic producers can be more competitive, while paying higher wages to attract workers. Will tariffs do that? Maybe not, but they might. Leaving things they way they are certainly will not.