Over the last 50 years, America has seen domestic energy production grow much faster than energy consumption. As a result, we now export more energy than we import. International trade in energy, both imports and exports, has been an important part of the energy industry’s success; however, recently proposed tariffs threaten this achievement.

On Feb. 1, the Trump administration announced tariffs on imports from Canada, Mexico, and China. Then they paused the tariffs on Canada and Mexico for 30 days. Then they announced new tariffs on steel and aluminum and, more recently, on autos, pharmaceuticals, and computer chips. It’s not yet clear what tariffs will emerge from the flurry of announcements, but implementing any one of them would harm U.S. energy producers and consumers.

The simplest way to understand how these tariffs will affect U.S. energy is by looking at individual industries within the energy sector.

Read more from the R Street Institute here.

The views and opinions expressed are those of the author’s and do not necessarily reflect the official policy or position of C3.