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Houston Matters

How Might New Tariffs on Chinese Imports Affect Houston?

Energy analysts examine the ramifications of this latest round of an escalating trade dispute.

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Photo: Port Houston
The Port of Houston broke its tonnage record in 2017 with more than 38 million tons of imports and exports, according to a report presented to the Port's Commission on January 30th 2018.

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President Trump has announced 10 percent tariffs on $200 billion worth of imports from China. The new tariffs will apply to hundreds of items — ranging from seafood to handbags to toilet paper.

This latest round of an escalating trade dispute between the two countries comes as Houston is hosting energy industry representatives for the 18th U.S. – China Oil & Gas Industry Forum Houston today (Sept. 18).

In the audio above we hear from Loren Steffy, the managing director for 30 Point Strategies, a writer-at-large for Texas Monthly, and a columnist for EnergyVoice.com, and Ed Hirs, an economics lecturer at the University of Houston, as they explain the potential ramifications for energy—particularly liquefied natural gas and how the back-and-forth between the U.S. and China will impact Texas.