Supreme Court Ruling re Trump Tariffs Won’t Affect OH Gas Plant

Last Tuesday, President Trump unveiled the first projects under a $550 billion trade deal with Japan, including a $36 billion investment in U.S. energy and minerals (see Trump Announces Largest-Ever U.S. Gas-Fired Plant Coming to Ohio). In exchange for reduced tariffs on imports, Tokyo committed to fund initiatives in Texas, Ohio, and Georgia. The centerpiece is a record-breaking $33 billion natural gas power plant in Portsmouth (Scioto County), Ohio, operated by SoftBank’s SB Energy. The 9.2-gigawatt facility would be the largest gas-fired power plant in U.S. history. However, on Friday, the U.S. Supreme Court struck down Trump's use of tariffs. What does it mean for this $33 billion project in Ohio?

---

To view this content, log into your member account. (Not a member? Join Today!)