China and the U.S. Impose Tariffs on Trade Flows That Don’t Exist
- U.S. and China exchange blows over some non-existent trade
- Trump administration threatens tariffs on LNG, live trout
Photographer: VCG via Getty Images
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Natural gas, the cleanest and fastest-growing fossil fuel, has found itself in perhaps the oddest corner of the multi-billion dollar trade war between the world’s two biggest economies.
When the U.S. added duties to $34 billion of Chinese goods last month, China retaliated with its own list that included piped natural gas from the U.S. And when President Donald Trump added $200 billion worth of items to the possible tariff list Tuesday, he included liquefied natural gas from China.