US-China Trade Tensions Loom Over US LNG Exports

The U.S. faces new challenges in LNG exports if Donald Trump wins the presidency, due to a proposed 60% tariff on Chinese imports. Although he promises expedited energy permits, analysts warn of disrupted sales. Biden's administration has paused new permits but faced legal challenges.

US exporters of liquefied natural gas could encounter fresh obstacles should Donald Trump secure the presidency, due to a prospective 60% tariff on Chinese imports. The move, despite Trump's assurances to accelerate energy permitting, risks disrupting current sales, experts suggest.

The Biden administration has halted new LNG export permits to countries without free trade agreements, leading to potential gains in the sector being stalled. This decision faced legal challenges, culminating in a federal judge blocking continued pause on approvals.

With China's potential reciprocation by avoiding new contracts, re-exporting US cargoes becomes a concern. The Trump campaign defends its tariff proposal as a stimulus for US production, while it accuses Kamala Harris of fearmongering about its potential impact.

(With inputs from agencies.)