import

Prudhoe Bay operations have long relied on methanol imported from the Caribbean and Asia by sea to Anchorage and then hauled hundreds of miles north.

So the quality of the imported skews better than the domestic.

Brussels hoped the proposal would then see the EU team up with Washington to tackle Chinese overcapacity, and Sefcovic had been pushing his US counterparts agree on steel import quotas.

An interesting chart from Barclays shows that while tariffs have reduced U.S. imports from China, they have just been replaced by imports from other Asian countries, notably Taiwan and Vietnam.

Chips such as those sold by Nvidia make up the bulk of AI spending, but most are imported and must be subtracted from total investment to arrive at the impact on domestic production.