Trump-supporter CEO calls out administration’s ethane export ban to China: ‘These kinds of actions rarely hurt the intended target and often backfire’

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...