Protracted Trade War Inflicts Lasting Damage To U.S. LNG
Tuesday, 25 June 2019 () There were early warnings: Chinese investors became reluctant about investing in U.S. LNG projects soon after President Trump fired the first shot in what has turned out in a full-fledged trade war with China. Now, according to Citi analysts, the trade war could inflict lasting damage to the nascent U.S. LNG industry. S&P Global Platts quotes in a recent story a note by Citi saying "China has not only paused (or shelved), pending LNG deals with the US, but it also appears to be reassessing its long-term investments in the US. This reassessment…
Concerns over trade, conflict and oil will dominate a summit of the Group of 20 major economies in Japan this weekend, with attention focused on a meeting between the leaders of the United States and China, embroiled in a lengthy trade war. Francis Maguire reports.
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