US, China discuss cutting tariffs on US LNG ahead of Xi visit
The United States and China are exploring a plan to lower or eliminate tariffs on American liquefied natural gas (LNG) as part of a larger package of energy and agriculture agreements. These talks, which are not yet finalized, could be announced when Chinese President Xi Jinping visits Washington next week. If successful, this reduction in tariffs could help revive the US-China LNG trade, which was halted in early 2025 due to a 15% tariff imposed by China in retaliation for US duties on Chinese goods.
US LNG producers are eager to find new markets to utilize the new export capacity being developed along the US Gulf Coast. The discussions aim to stabilize trade relations before a September 24 meeting between US President Donald Trump and Chinese President Xi, signaling a potential shift in their strained relationship.
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