April 4, 2025--Written by Daniel Graeber for Industrial Info Resources (Sugar Land, Texas)--The American Petroleum Institute (API), a vocal advocate for the U.S. oil and gas sector, said the Trump administration recognized the complexity of supply chains in its decision to avoid tariffs for energy imports.
U.S. President Donald Trump on Wednesday used a national emergency declaration to justify sweeping tariffs on trading partners from China and Japan, to the European Union. His order on tariffs said a persistent trade deficit hollowed out the manufacturing base and disrupted supply chains.
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