US, China discuss cutting tariffs on US LNG ahead of Xi visit
- U.S. and Chinese officials are negotiating a plan to reduce China's 15% tariff on American LNG as part of a broader $30 billion reciprocal trade agreement, potentially announced during Chinese President Xi Jinping's visit to Washington next week.
- China imposed the 15% tariff in February 2025 in retaliation for President Donald Trump's duties on Chinese goods, effectively halting U.S.-China LNG trade and reducing annual shipments to near zero.
- LSEG shipping data shows several American cargoes have arrived in China despite the tariff, while the U.S. LNG industry prepares to expand export capacity by roughly 10 billion cubic feet per day through 2027.
- U.S. LNG exports rose 23% in the first half of 2026, and producers are seeking new markets to absorb this expansion as global energy flows shifted following Russia's 2022 invasion of Ukraine.
- Ongoing discussions aim to stabilize trade ties ahead of the September 24 meeting between Trump and Xi, though officials declined requests for comment and the deal remains unfinalized.
47 Articles
47 Articles
US, China discuss cutting tariffs on US LNG ahead of Xi visit
Sept 18 (Reuters) - The US and China are discussing a plan to reduce or eliminate China's tariffs on American LNG as part of a broader package of energy and agriculture agreements that could be announced when Chinese President Xi Jinping visits Washington next week, according to two people briefed on the discussions.
Il Tempo
PECHINO (CHINA) (XINHUA/ITALPRESS) * The economic and commercial teams of China and the United States are maintaining a close communication on various issues, including the reduction of duties. Today the Chinese Ministry of Trade has declared it. The spokesman of the Ministry He Yadong has made these comments during a press conference, answering a question about the latest progress in the consultations on a framework agreement for the mutual red…
China and the United States are actively communicating on a mutual tariff reduction on goods worth $30 billion, according to Chinese Commerce Ministry spokesman He Yadong. “At present, the trade and economic delegations of the two sides are in close contact on this issue,” he said at a weekly briefing, commenting on joint consultations aimed at eliminating tariffs on goods worth $30 billion. The spokesman promised that the Commerce Ministry woul…
Crop markets look ahead to U.S.-China meeting
“There continues to be rhetoric building in the market surrounding next week’s meeting between President Trump and Xi of China at the White House,” Bryant Sanderson, with CHS Hedging, said. “Yesterday morning, Bloomberg report US and China were discussing removing…
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