API Applauds the Administration for Lifting Section 232 Steel Tariffs on Canada and Mexico

WASHINGTON, May 17, 2019 – API released the following statement on the Administration’s decision to lift tariffs on steel and aluminum imports under Section 232 on Canada and Mexico: 

“We applaud the Administration for reaching an agreement with Canada and Mexico to lift the 25 percent steel tariffs and not replace them with harmful quotas that would stifle U.S. investment in manufacturing and energy infrastructure,” said Kyle Isakower, API Vice President for Economic and Regulatory Policy. “We look forward to reviewing the details of this important agreement, and commend the Administration for recognizing the negative ripple effects the steel tariffs can have on long-term energy investments in America.”

“By lifting these burdensome tariffs and not replacing them with quotas, the Administration is enabling construction projects and the jobs that support them to move forward without fear of supply chain disruptions. Today’s announcement is another step in enabling the long-term delivery of reliable, affordable American energy to families and businesses.” 

API represents all segments of America’s oil and natural gas industry. Our more than 600 members produce, process and distribute most of the nation’s energy. The industry supports more than ten million U.S. jobs and is backed by a growing grassroots movement of millions of Americans. API was formed in 1919 as a standards-setting organization. In our first 100 years, API has developed more than 700 standards to enhance operational and environmental safety, efficiency and sustainability.

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