Chinese tariffs on US gas exports may shift the global market | WHAT REALLY HAPPENED


Chinese tariffs on US gas exports may shift the global market

China's threats of new tariffs on $60 billion worth of U.S. imports will create shifts in the energy market, as American liquefied natural gas makes the list of goods Beijing will target, analysts said.

The move to include LNG raised eyebrows as China had previously held back at including the fuel on the list of products subject to tariffs. That is as the country looks to natural gas as part of its efforts to clean up politically sensitive air pollution.

But things have changed since trade tensions with the U.S. escalated dramatically in recent weeks and some have questioned if Beijing's move will hit American gas exports. The U.S. is the world's top producer of natural gas and is a growing major exporter of LNG.

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