Policy & Regulation
Trump ratchets up trade tensions to put China out of reach for US LNG
Donald Trump took to Twitter on Thursday to beat the trade war drum, shattering a truce reached with Chinese President Xi Jinping a month ago and darkening the outlook for the second wave of US LNG projects Donald Trump took to Twitter on Thursday to beat the trade war drum, shattering a truce reached with Chinese President Xi Jinping a month ago and darkening the outlook for the second wave of US LNG projects.
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United States President Donald Trump’s abrupt threat on Thursday to tax all goods imported by the US from China next month effectively rules out any reprieve for American energy exporters in the near term, complicating the path to FID for the second wave of US LNG projects.
Trump’s announcement that the US will impose a 10% tariff on $300 billion of additional Chinese imports beginning 1 September marks a sudden escalation in the year-long trade war that is threatening the health of the...
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