The Compressed Gas Association (CGA) has warned that the proposed tariff expansion could disrupt supplies of equipment essential to manufacturing medical, industrial, and specialty gases.
The concern comes after considerations to expand Section 232 tariffs on steel and aluminium to cover certain types of gas liquefaction and separation equipment.
The CGA estimates the affected equipment market is worth around $700m per year, meaning a 50% tariff could add more than $350m in extra costs for US gas producers and downstream industries.
Additionally, it notes that the Committee on Pipe & Tube Imports (CPTI) is not aware of any domestic production of the equipment in question, leaving US manufacturers wholly dependent on imports.
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