US, China discuss cutting tariffs on US LNG ahead of Xi visit
The talks could restore Chinese demand for U.S. gas and extend a one-year trade truce with tariff cuts on about $30 billion in goods.
- 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.
54 Articles
54 Articles
Leaders from around the world will gather at the United Nations (UN) General Assembly this week. Attention is focused on whether the diplomatic engagements unfolding during the General Assembly will provide a starting point for resolving the situation in which international oil prices are soaring due to the prolonged wars between the U.S. and Iran and Russia and Ukraine. Shortly afterward, a White House summit between U.S. President Donald Trump…
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.
Contact happens in the final challenge of preparations for a possible meeting between Xi and Trump in Washington, although China has not yet officially confirmed the Chinese leader's visit to the US.
(Seoul = Yonhap News) Reporter Kwon Sook-hee = Hong Kong... reports that the U.S. and China are discussing ways to strengthen military communication in the lead-up to Chinese President Xi Jinping's visit to the U.S. this month.
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…
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