Chinese tariffs, including oil pipe, go into effect
https://www.chron.com/business/energy/article/Chinese-tariffs-including-oil-pipe-go-into-12798717.phpChinese tariffs on $3 billion in U.S. goods went into effect Monday, the latest move in an escalating trade fight between Beijing and Washington.
The tariffs, which were initially announced two weeks ago, targeted 128 products and include a 15 percent tariff on the steel pipe used in building oil pipelines and commonly manufactured along the Texas Gulf Coast. A steeper 25 percent tariff was placed on U.S. goods including pork and aluminum scrap....
...Last year the United States exported 832,000 metric tons of steel pipe, according to the U.S. International Trade Administration. More than 80 percent of that pipe went to Canada and Mexico, with China coming in a distant third....