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NOTHING IS PERMANENT EXCEPT CHANGE

China slams oil prices, but tariff war can’t stop U.S. boom in oil and gas exports

  • China's targeting of natural gas and oil products for tariffs is a special rebuke aimed at U.S. officials who had pushed energy products as a way for China to narrow its trade gap with America.
  • Signs that China is cutting back on oil imports weakened crude prices Wednesday but will not derail the longer term outlook for robust U.S. energy exports.
  • The U.S. export business is growing rapidly. Oil exports could grow by a million barrels a day annually over the next five years and liquified natural gas exports could more than double by 2020 to 9 billion cubic feet a day from 4 billion cubic feet, according to Citigroup.https://www.businesstimes.com.sg/government-economy/chinas-july-exports-accelerate-as-us-prepares-new-tariffs

    China's July exports accelerate as US prepares new tariffs

    Its surplus with US shrinks marginally but US$28.09 billion figure still near record highs

OTHER NEWS

CASE STUDY N0.15145:NHỮNG YẾU TỐ ĐỊA CHÍNH TRỊ MỚI TRONG KINH DOANH QUỐC TẾ/ The new geopolitics of global business

4/06/2021, 7:56 AM

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The Phony US-China Truce

9/12/2018, 10:23 AM

There is no shortage of precedents for the approach to the escalating trade dispute taken by Donald Trump and Xi Jinping. But if the US economy shows signs of falling into recession, Trump will need to blame someone – and in this case, we can be relatively certain about who that will be.

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