US and China Discuss LNG Tariff Cuts

The United States and China are discussing a plan to reduce tariffs on American liquefied natural gas as part of energy agreements ahead of next week meeting between Presidents Donald Trump and Xi Jinping. The potential tariff relief aims to stabilize trade ties and restore US LNG exports to China.

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FILE PHOTO: Model of LNG tanker is seen in front of China's flag in this illustration taken May 19, 2022. REUTERS/Dado Ruvic/Illustration/File Photo

The United States and China are discussing cutting tariffs on American Natural Gas as part of a $30 billion bilateral trade package. The potential agreement comes ahead of a presidential meeting scheduled for the following week in Washington. The talks target duties that effectively halted bilateral trade after Beijing imposed a 15% levy in February 2025.

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