22-February-2026
Corporate News
 
Trump Tariff Reversal Could Cut Costs for US Energy Firms but Will Likely Leave Broader Flows Unchanged
21-Feb-2026

The U.S. Supreme Court's Friday decision to strike down trade tariffs imposed by President Donald Trump last year may ease costs for some oil producers and drillers, but experts and analysts told Reuters that broader energy flows would likely remain unchanged for now. The court's ruling could reduce the cost of building LNG plants and other large-scale energy infrastructure that rely on modules and other parts manufactured in foreign countries hit by tariffs. Venture Global, for example, builds its LNG plants piecemeal in Italy before importing the components into the U.S. for final assembly. Trump's tariffs raised costs for U.S. crude producers and service companies up the value chain, hitting imported equipment and materials. Many absorbed the additional costs; others tried to pass them on to customers.

News Source:- https://money.usnews.com/investing/news/articles/2026-02-20/trump-tariff-reversal-could-cut-costs-for-us-energy-firms-but-will-likely-leave-broader-flows-unchanged