
China has stopped all imports of liquefied natural gas (LNG) from the United States, following a steep tariff hike to 49%. This move is part of the ongoing trade war and has serious implications for global energy markets.
HIGHLIGHTS:
- China imposed a 49% tariff on US LNG, halting shipments since early February.
- The blockade mirrors a similar US-China LNG freeze during Trump’s presidency.
- China now seeks energy from Russia, deepening ties in the energy sector.
- Analysts predict long-term consequences for US LNG developers and global prices.
- China’s reduced LNG imports from the US signal a major shift in energy trade.
The freeze on US LNG exports to China highlights the growing tensions in global trade. With Russia emerging as China’s key energy partner, the shift could disrupt energy markets, particularly for US suppliers. This move also underscores the geopolitical struggle between the US and China, with energy becoming a powerful tool in the economic war. While the long-term effects are still unfolding, China’s strategic pivot towards Russia could reshape global energy dynamics for years to come.