China Halts US LNG Imports: Trade War Deepens
China’s complete cessation of liquefied natural gas (LNG) imports from the United States marks a significant escalation in the ongoing trade war. This isn’t a sudden decision; it’s the culmination of a long-simmering tension, exacerbated by tariffs and shifting global energy dynamics. The halt, lasting over ten weeks and counting, signals a potential long-term shift in the global energy landscape, with profound implications for both nations.
The imposition of a 49% tariff on US LNG effectively priced American gas out of the Chinese market. This makes it economically unviable for China to continue purchasing US LNG, even considering existing long-term contracts.… Continue reading
Matt Underwood