Trade war cuts U.S. liquefied natural gas exports to China
No liquefied natural gas (LNG) vessels that left the United States in March and April have gone to China, Refinitiv Eikon shipping data shows, as the trade war between the Continue Reading
U.S.-China Trade Talks Break Off With No Deal
Trade talks between the U.S. and China broke off on Friday with no agreement announced hours after President Trump raised the tariff level on $200 billion of imports from China. Continue Reading
Trump Renews Trade War as China Talks End Without a Deal
Trade talks between China and the United States ended on Friday without a deal as President Trump raised tariffs on $200 billion worth of Chinese imports and signaled he was Continue Reading
Trump’s tariffs, once described as negotiating tools, may be here to stay
Chinese Vice Premier Liu He shakes hands with U.S. Trade Representative Robert E. Lighthizer as he leaves trade talks with Lighthizer and Treasury Secretary Steven Mnuchin in Washington on Friday. Continue Reading
China’s Achilles Heel Is Its Soaring Energy Demand
China continues to set records in numerous sectors, but there are some records better left alone, including drawing near to becoming the all-time global crude oil imports leader. The country Continue Reading
U.S. hikes tariffs on Chinese goods, China says to strike back
Notwithstanding its increased production output of 1.95 million barrels daily (mbd) for April, according to the latest S&P Global Platts survey, Nigeria’s output remains below the 2019 budget benchmark of Continue Reading
Sinopec, CNPC skip Iran oil purchases for May to avoid U.S. sanctions
China Petrochemical Corp (Sinopec Group) and China National Petroleum Corp (CNPC), the country’s top state-owned refiners, are skipping Iranian oil purchases for loading in May after Washington ended sanction waivers Continue Reading
U.S. Seizes North Korean Ship
U.S. authorities seized a North Korean ship they allege Pyongyang used to illicitly transport coal in violation of U.S. and international sanctions, the Justice Department said. Officials said the seizure, Continue Reading
Beijing mulls response to US tariff hikes on Chinese goods imports
China has reiterated its intention to respond to the US tariff hike on imports of $200 billion worth of Chinese goods to 25% that kicked in on Friday but the Continue Reading
Trump ‘happy’ to keep tariffs on Chinese goods; Beijing threatens retaliation
U.S. President Donald Trump said on Wednesday he would be happy to keep tariffs on Chinese imports, prompting Beijing to threaten retaliation, as the world’s two largest economies prepared to Continue Reading