China’s Energy Tariffs Shake Up Global Oil and LNG ...Middle East

OILPRICE - Economy
China’s Energy Tariffs Shake Up Global Oil and LNG
source : OILPRICE ( Middle East ) () 65
China’s retaliatory tariffs on imports of U.S. crude oil, LNG, and coal will have a limited effect on Chinese purchases as Beijing’s oil and gas imports from the United States were modest, at best, even before the renewed trade war. However, the Chinese tariffs on U.S. energy, expected to take effect on February 10, have the potential to disrupt global commodity trade flows with impacts on other regional markets and on energy prices, analysts say. On the day on which the U.S. blanket tariff of 10% on all Chinese imports took effect,…

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