Pipeline operator South Bow says tariffs could create challenges in its marketing segment

South Bow, TC Energy's split pipeline operator last year, states that its marketing segment, which provides transportation, storage and logistics services, could be under pressure if US tariffs of 10% on energy exports are actually applied.

South Bow says tariffs could create challenges in its marketing segment

CALGARY — South Bow Corp., the oil pipeline operator spun off from TC Energy Corp. last year, says its marketing segment could come under pressure if a 10 per cent tariff on U.S. energy exports persists.

Oil pipeline operator South Bow says tariffs could create challenges in its marketing segment

South Bow Corp., the oil pipeline operator spun off from TC Energy Corp. last year, says its marketing segment, which provides transportation, storage and logistics services, could come under pressure if a 10 per cent tariff on U.S. energy exports persists. The levy imposed this week, and Canadian counter-tariffs against the U.S., have caused volatility in the price difference between heavy Canadian and light U.S. crude prices, said the Calgary-…