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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.

Industry reaction: The oil-and-gas industry, which uses imported steel for an array of operations, bashed the move. Solar energy players also voiced concern that the tariffs could boost project costs.

  • American Petroleum Institute's Jack Gerard calls it "inconsistent with the Administration’s goal of continuing the energy renaissance and building world class infrastructure."
  • Reuters looks at the other industry lobbying groups that attacked the move, and also note a tangible effect — reporting that it will factor into Exxon's decision about whether to expand its refinery in Beaumont, Texas.
  • A spokesman for the Solar Energy Industries Association says that some installation companies have told the trade group that the steel penalties could drive up project costs as much as two cents per watt to utility-scale projects.
  • Greentech Media describes how the the tariffs could affect renewable power and energy storage.

The politics: ClearView Energy Partners, in a note yesterday, points out that Trump already won most states where oil-and-gas production is a significant share of GDP.

  • "As a result, economic risks for oil producers may not look like existential threats to White House campaign officials considering President Trump’s possible 2020 reelection bid or Republican efforts to defend House and Senate seats (the bigger risks are the GOP seats in states the President didn’t win)," they write.

Go deeper:

Go deeper

100+ corporate executives consider freezing donations over laws curbing voting access

Illustration: Annelise Capossela/Axios

More than 100 corporate executives and leaders gathered on a Zoom call Saturday to discuss ways to combat controversial voting bills being considered in states across the country that would restrict voting access, per the Washington Post.

Why it matters: American corporations flexed their advocacy muscles earlier this month when more than 100 companies signaled their opposition to Georgia's new voting law, inciting the wrath of GOP leaders, including former President Donald Trump and Senate Minority Leader Mitch McConnell.

7 hours ago - World

Defense Sec. Austin stresses U.S. commitment to Israel's security amid growing Iran tensions

Issei Kato/Reuters/Bloomberg via Getty Images

Secretary of Defense Lloyd Austin arrived for his first visit in Jerusalem amid nuclear talks in Vienna and growing tensions between Israel and Iran.

Why it matters: Austin met his counterpart Benny Gantz and will meet later with Prime Minister Netanyahu to discuss Iran and regional security issues.

"I was horrified": Leaders respond to footage of Black and Latino Army officer threatened at traffic stop

An Army officer is suing two Virginia police officers after he said they drew their guns and pepper-sprayed him during a traffic stop in December.

Why it matters: Footage of the incident has drawn widespread criticism from leaders and groups in the state. Caron Nazario, who is Black and Latino, is heard saying “I’m honestly afraid to get out," to which a police officer responds “Yeah, you should be," in a video from a body-worn camera.