Impact Level: Moderate Risk for Nabors Industries • Effective Date: January 15, 2025
Key Findings & Recommendations
📈 Tariff Impact
• Steel Products: 15% increase (new rate: 25%)
• Drilling Equipment: 8% increase (new rate: 18%)
• Offshore Platforms: 12% increase (new rate: 22%)
• Pipeline Materials: 10% increase (new rate: 20%)
🏢 Nabors Exposure
• Estimated Cost Impact: $15-25M annually
• Affected Operations: 65% of drilling fleet
• Geographic Impact: Gulf of Mexico, North Sea
• Risk Level: Moderate (manageable with mitigation)
Strategic Impact Analysis
Atlantic Council assessment based on government data and industry intelligence
📋 Policy Background
The U.S. Trade Representative announced new steel import duties as part of ongoing trade policy adjustments.
These changes specifically target offshore drilling equipment and related infrastructure materials.
Source: Federal Register Notice 2025-0142 • White House Trade Policy Statement •
Atlantic Council Geoeconomics Center Analysis