Business

Dow drops more than 300 points

One year ago   |   By

Markets Insider
China threatened to retaliate against President Trump's new tariffs on imported metals on Wednesday.
Retail sales fell short of estimates.
The Atlanta Fed's GDP tracker now sees 1.9% growth in the first quarter.
The Dow Jones industrial average was down more than 300 points at midday.
You can track the Dow in real-time on Markets Insider here> >
The Dow Jones industrial average fell as much as 306 points Wednesday, bogged down by concerns of possible Chinese retaliation against President Donald Trump's metals tariffs, disappointing retail sales, and another downward...
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Trump's tariffs are creating a big new headache for companies that help move America's oil

Trump's tariffs are creating a big new headache for companies that help move America's oil

One year ago   |   By

Stringer/Reuters
U.S. energy pipeline developers say they intend to pursue exemptions to the Trump Administration's proposed steel tariffs.
Imports account for 77 percent of the steel used in U.S. pipelines, according to a 2017 study conducted for the pipeline industry.
Some manufacturers already have customers waiting two years for pipeline to construct lines to carry shale oil and gas from West Texas fields to U.S. Gulf Coast export hubs.
HOUSTON/SEOUL - U.S. energy pipeline developers say they intend to pursue exemptions to the Trump Administration's proposed steel tariffs, as concerns...
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