Why China Shuns U.S. LNG Despite Trade Deal

An ongoing two-year long trade war between the US and China that has impacted the exports of both countries seemed to be closer to a resolution in January, when the two rivals sealed a deal that left the Asian nation committed to buy a total of $26.2 billion in energy products this year. Amid a crisis caused by the coronavirus epidemic, China decided last week to halve the additional tariffs it imposed on $75 billion worth of US goods from September 2019. However, the reduction does not affect the 25% tariff China has imposed on LNG from the US,…