LNG

Prospects that Donald Trump’s upcoming visit to Beijing could help reinstate direct US LNG imports to China are gaining traction, with LSEG data indicating that three carriers loaded in Louisiana could reach China within a month.

Trump trade policies could deeply impact global gas markets: “His opening salvo in a US-China trade war has been fired, with 10% tariffs on Chinese goods and retaliatory 15% tariffs on US LNG, while his stance on Russia remains unclear," Rystad Energy commented. Closer to home, Trump's 10% tariff on Canadian gas drives up prices, squeezes profit margins of smaller producers and could potentially lead to production cuts and delayed investments.