"It's specific to new pipelines or those that are being repaired", White House spokeswoman Sarah Sanders told reporters on Air Force One, when asked about a report by Politico that Keystone would not need to use us steel, despite Trump's order issued on January 24.
"Everything moving forward would fall under that executive order", Sanders said. "And since this one is already now under construction, the steel is already literally sitting there, it would be hard to go back", White House Principal Deputy Press Secretary Sarah Sanders told reporters aboard Air Force One. I said, 'Nope, it comes from the United States or we're not building one.' American steel.
"President Trump has repeatedly vowed to build construction projects with American steel as a way to support manufactures and create jobs here at home-even going as far as making it one of his first signed executive orders", Rep. Pocan said. This is in spite of the repeated pledges by President Trump-including at Tuesday's speech before a joint session of Congress-that it will be built with "American steel".
Trump told Longhi he put his company heavy into the pipeline business, because the Keystone XL Pipeline and the Dakota Access Pipeline would both have to be constructed with steel made in the U.S.
"This took place while I was getting ready to sign", he told the CPAC conference last week.
A Buy American requirement "would hold up the project, which isn't good for Alberta", Oates said. I'm glad we got that cleared up.
In his speech before a joint session of Congress, Trump mentioned the Keystone Pipline in the same sentence as his presidential memorandum on USA steel.
TransCanada said late Friday it has already has purchase agreements for the steel pipe it will use on Keystone.
Another 10% will come from a Welspun plant in India, the rest will be imported from Canada and Italy. Once the pipeline opens it would require only 35 full-time permanent jobs to run it, according to an government estimate that TransCanada does not dispute.
US Dollar Rises To 7-Week High
The primary reason for EUR/USD's fall on Tuesday night and Wednesday was the increased strength of the US Dollar. Yellen did not directly address the likely impact of theTrump administration's economic policies in her remarks.