How will Trump’s new tariffs impact energy?

The Trump administration is exempting a number of energy-related items from its sweeping list of tariffs on imports. Still, energy markets crumbled on Thursday in response to the president’s tariff announcement with the long-term outlook for the sector remaining unclear. POLITICO’s Ben Lefebvre breaks down the short-term and long-term impact of President Trump’s tariffs on the energy sector. Plus, a company that received a conditional commitment for a loan guarantee under the Biden administration announced Thursday it is canceling its plans for a plastics recycling plant in Pennsylvania. Ben Lefebvre is an energy reporter for POLITICO.  Nirmal Mulaikal is the co-host and producer of POLITICO Energy.  Annie Rees is the managing producer for audio at POLITICO. Gloria Gonzalez is the deputy energy editor for POLITICO.  Matt Daily is the energy editor for POLITICO. For more news on energy and the environment, subscribe to Power Switch, our free evening newsletter: https://www.politico.com/power-switch And for even deeper coverage and analysis, read our Morning Energy newsletter by subscribing to POLITICO Pro: https://subscriber.politicopro.com/newsletter-archive/morning-energy