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Chinese Tariffs on US LNG Set to Reroute Global Trade Flows

Beijing slapped 15% levies on US gas following Trump’s tariffs Chinese buyers poised to resell more of their US supply China Imposes Tariffs on US Goods Amid Trump’s Levies Beijing announced 15% levies on American gas just moments after President Donald Trump imposed a tariff on goods from Beijing. China imported about 6% of its LNG from the US …

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OPEC+ Can Appease Trump Even While Defying Him on Production

Bloomberg News At the first meeting of OPEC+ since Donald Trump called on members to bring down oil prices, the cartel defied the US president. During an online review Monday, the alliance led by Saudi Arabia and Russia chose to maintain its current trajectory on crude production despite Trump’s exhortations. Consequently, OPEC+ is committed to continuing with supply curbs …

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These Are All the US Goods China Is Targeting With Tariffs

China imposed new tariffs on a range of US products moments after President Donald Trump slapped a 10% tariff on goods from Beijing. Here is translated version of the Chinese statement. On February 1, 2025, the US government announced that it would impose a 10% tariff on all Chinese goods exported to the US on …

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Japan’s Mitsui Could Study Alaska LNG Project, But No Decision Yet

 Japanese trading house Mitsui could consider studying a project to liquefy natural gas in the U.S. state of Alaska, but no decisions have been made yet, Chief Financial Officer Tetsuya Shigeta said on Tuesday. Japan is considering offering support for a $44-billion gas pipeline in Alaska as it seeks to court U.S. President Donald Trump …

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Europe Soaked Up Nearly All US LNG Exports Last Month, Data Shows

U.S. exports of liquefied natural gas (LNG) to Europe jumped in January as cold weather drove up demand and prices for the superchilled gas rose, preliminary data from financial firm LSEG showed. Nearly nine of every ten cargoes leaving the U.S. headed to Europe, while total exports to all countries for the month reached 8.46 …

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China Tariff Retaliation Targets its Modest US Energy Imports

China is the world’s top energy importer but its purchases from the United States are relatively modest, blunting the impact of Beijing’s move on Tuesday to slap retaliatory tariffs on imports of U.S. crude oil, liquefied natural gas (LNG) and coal. Shortly after tariffs on China imposed by U.S. President Donald Trump took effect on …

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Senate Confirms Fracking Executive Chris Wright as Trump’s Energy Secretary

 The U.S. Senate on Monday confirmed Chris Wright, a fracking executive, to be President Donald Trump’s energy secretary. The vote was 59-38, with seven Democrats and one Independent, who caucuses with Democrats, crossing the aisle. Wright, 60, the CEO of Liberty Energy since 2011, has said he will step down from the company once confirmed. …

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