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Trump’s Trade War with China

Clouds on the second wave of US LNG projects? China retaliated to the US tariffs on $200 billion in Chinese goods by imposing tariffs on $60 billion in US goods, including a 10% tariff on LNG. The LNG trade dynamic suggests that the tariff on US LNG will hurt both nations, but the US more than China. Source: Sylvie Cornot-Gandolphe and Jean-François Boittin, IFRI

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