Directional impact on forecast:
Downbeat on US hydrocarbon exports to China
The much-feared trade war between the United States and China has finally come to pass. Each side has imposed tit-for-tat tariffs on imported goods from the other, and neither is prepared to back down. In light of the prevailing brinkmanship, the dispute could escalate significantly, which has the potential to adversely impact US exports of oil, coal and LNG.
On 15 June, US President Donald Trump announced the imposition of tariffs on imported...