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Trump's trade war is the biggest threat to the oil and gas industry Win McNamee/Getty Images President Donald Trump's 25% steel and 10% aluminum tariffs on a variety of countries have pushed up prices, leading to cost inflation for oil and gas projects. The application system for duty waivers is cumbersome, time-consuming, and arbitrary. China is likely to slap tariffs on oil and gas as Trump moves further in trade war. Trump’s trade war is taking a toll on the oil and gas industry. There has been someeleventh-hour dramaover the renegotiation of NAFTA, but the...
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