The energy trade between the United States and China could be hit hard if relations between them deteriorate further.
The US and China are embroiled in a trade war in which both countries have proposed imposing tariffs on various products. In April, Washington proposed a 25% tariff on almost 1,300 products imported from China. This was swiftly followed by China releasing a list of products it imports from the US, broken down into 106 categories, on which it intends to add a 25% levy. Washington considers...