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China Trade Truce May Help Give U.S. LNG a $30 Billion Boost

  • World’s two largest economies agree to avert a trade war
  • China is one of biggest buyers from Cheniere Lousiana terminal
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White House Trade Discord Delaying China Tariffs

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China’s appetite for U.S. liquefied natural gas may be about to get a lot bigger after the two nations agreed to pull back from the brink of a trade war.

If China makes a substantial commitment to buying U.S. LNG, it could bring $30 billion back into the country, according to a Height Securities LLC report on Monday. The White House said May 19 that China will “significantly increase purchases” of U.S. goods, while Beijing’s special envoy said the world’s two largest economies had agreed to a trade truce.