China said on Monday it would raise tariffs on liquefied natural gas (LNG) imports from the United States amid a series of additional levies, a move that could further reduce U.S. LNG shipments to the world’s fastest-growing importer of the fuel. So far this year, only two LNG vessels have gone from the United States to China, versus 14 during the first four months of 2018 before the start of the 10-month trade war. On Monday, China said it would boost the tariff on U.S. LNG to 25% starting June 1 versus the current rate of 10%. That move came in retaliation for a U.S. increase on Friday in tariffs on $200 billion in Chinese goods to 25% from 10%. Between February 2016, when the United States started […]