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Trump's tariffs strain oil ties

Trump at meeting on tariffs.
Trump participates in a meeting with leaders of the steel and aluminum industries at the White House. Photo: Win McNamee/Getty Images

Remember when my Axios colleague Amy Harder wrote this week about simmering trade tensions between President Trump and the oil-and-gas industry? Well, they're boiling over now that Trump is preparing to impose steep tariffs on steel imports (25%) and aluminum too (10%).

Why it matters: The action underscores how Trump's professed support for oil-and-gas producers is colliding with his super-hawkish trade stance — and the president's trade desires are winning the day right now.