Natural Gas Exports Could Be Hit By Trump’s Trade War

President Donald Trump’s newest tariffs on Chinese imports – a hefty 25 percent levy for steel and 10 percent for aluminum –is already fueling speculation about an impending trade war.

However, the Trump administration isn’t likely to stop with steel and aluminum but is also considering limiting Chinese investment in the U.S. and imposing tariffs on a broad range of products in a push back against both the massive trade deficit between the two countries and intellectual property theft.

“The U.S. is acting swiftly on intellectual property theft. We cannot allow this to happen as it has for many years!” Trump said in a Twitter post on Wednesday. In an earlier tweet, the president said China had been asked to develop a plan to reduce their “massive trade deficit with the United States”…

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Posted in: Daily News

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