Politics

China shuts door on US LNG and crude as tariff war escalates

With US hydrocarbons now effectively priced out of China by duties as high as 99%, the once-promising flow of oil and gas has collapsed

US President Donald Trump (left) and China's President Xi Jinping (right) met during the G20 leaders summit in Osaka, Japan, in 2019.
US President Donald Trump (left) and China's President Xi Jinping (right) met during the G20 leaders summit in Osaka, Japan, in 2019.Photo: REUTERS/SCANPIX
Asia CorrespondentSingapore
Published 15 April 2025, 00:53Updated 15 April 2025, 07:33
ChinaUSADonald TrumpNorth AmericaAsia & Oceania