Trump Is Urged to Pressure China on Its Promise to Buy U.S. Oil
- China pledged to spend $52.4 billion on U.S. energy in deal
- Trade group says country is instead buying Russia, Saudi crude
Donald Trump
Photographer: Tasos Katopodis/BloombergThis article is for subscribers only.
China is falling behind in its promise to spend $52.4 billion buying U.S. energy over two years -- even as it is filling its storage tanks with Russian and Saudi crude -- independent oil producers warned the Trump administration Tuesday.
The American Exploration and Production Council urged the administration in to U.S. Trade Representative Robert Lighthizer to get tough with China.