Tariff Volley Is Redrawing a Key Fuel Trade Between the US and China
The Asian nation is starting to look elsewhere for the liquefied petroleum gas that makes propane and plastics.
A worker making plastic vuvuzelas at a factory in Ningbo, China. There’s been a surge in shipments of US LPG to China during the last few years.
Photographer: Nelson Ching/Bloomberg
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Welcome to our guide to the commodities markets powering the global economy. Today, reporter Alex Longley looks at how the US-China tariff war is affecting a lucrative segment of the fuel trade.
A typically quiet corner of the oil market is being thrust into the center of President Donald Trump’s tariff war with China.