Chinese tariff may hurt US LNG industry
By Paul Welitzkin in New York | China Daily | Updated: 2018-08-08 07:44
With US liquefied natural gas exports possibly becoming one of the latest pawns in the trade dispute between China and the United States, planned export-terminal expansions in the US may be most at risk, industry observers said.
A tariff also could mean China will source LNG from other global suppliers, and that would affect the US LNG industry, they said.
China announced tariffs on Friday on $60 billion of US goods - including 25 percent on liquefied natural gas - in response to a US threat to expand tariffs on Chinese exports.
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