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Is The U.S.-China LNG Deal Really A Win?

OilPrice.com Wednesday, 17 May 2017 ()
Despite harsh campaign rhetoric, including accusations of currency manipulation, the Trump Administration’s recent trade deal with China represents a shift towards improving relations. One big winner from the deal is American energy exports, particularly liquefied natural gas. Despite garnering some mixed feelings following its announcement last week, the deal has been hailed as an opportunity to dramatically expand U.S. access to one of the biggest energy export markets in the world. It could mark the turning point for U.S. LNG production…
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News video: U.S. Commerce Secretary Closes Deal With China

U.S. Commerce Secretary Closes Deal With China 00:42

U.S. Commerce Secretary Wilbur Ross closed trade deal with China Friday that he said could begin the slow process of reducing the multi-billion deficit between the world's two biggest economies. Ross said the deal will open markets in China to U.S. beef exports by mid July, with China gaining access...

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