There will be some hand wringing about sourcing steel for Keystone from US sources. Did anybody note the big loophole in Trump's declaration?..........use US products "to the maximum extent possible". This is a loophole large enough to run 3,000km of large diameter pipe through. TRP could play with the specs of the Keystone pipe so as to make most US suppliers ineligible. Not so many US manufacturers have the capability to produce 48" heavy wall tubes. US Steel, for example, does not have that capability. Grade of steel could be another sticking point.

The coating part of the contract would also be problematic for US companies. There is no company in USA that has a coating plant with the capabilities of Shawcor's newer plant in Camrose, AB; a plant that is just across the street from the 48" pipe forming mill owned by Evraz Camrose.

For all of his self-declared expertise at negotiating business deals, I think that Trump may be not quite so adept as he thinks.