Get all your news in one place.
100's of premium titles.
One app.
Start reading
Fortune
Fortune
Jordan Blum

Enterprise Products: Trump “weaponizing” ethane exports to China backfires against U.S.

Jim Teague, CEO of Enterprise Products Partners, speaks during the CERAWeek conference in Houston. (Credit: F. Carter Smith—Bloomberg/Getty Images)

Leading U.S. energy products exporter Enterprise Products Partners warned that the Trump administration continuing to “weaponize” fossil fuel shipments to China would only backfire against U.S. shippers.

Enterprise co-CEO Jim Teague issued his complaints during the July 28 earnings call about two months after the U.S. Commerce Department temporarily banned ethane exports to China as a trade agreement negotiating tool after China placed restrictions on the exports of certain rare earth metals to the U.S. Teague is frequently vocal about his right-leaning political allegiances and has personally donated to Trump.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.