Oil industry ‘deeply discouraged’ by Trump’s new tariffs

Published May 31, 2018 9:28pm ET



The oil industry’s lead trade group said it is “deeply discouraged” by President Trump’s Thursday decision to impose tariffs on steel and aluminum imports from Canada, Mexico, and the European Union.

“We are deeply discouraged by the administration’s actions to impose tariffs on our three closest trading partners,” said Jack Gerard, president and CEO of the American Petroleum Institute. The industry views the decision “as a step in the wrong direction,” he said.

Already a print subscriber? Click here to login/register your account

Trusted reporting.Unlimited access.

Subscribe for full access to Washington Examiner coverage, expert political analysis, and subscriber-only journalism.

Get Unlimited Access

Already a member? Log in

Cancel anytime.