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US, China discuss cutting tariffs on US LNG ahead of Xi visit
Talks could restore access to the world’s largest LNG market as US export capacity rises by 10 billion cubic feet per day through 2027, Reuters reported.
- The US and China are discussing cutting China's 15% tariff on American LNG as part of a broader $30 billion package that could be announced during Chinese President Xi Jinping's visit to Washington next week, according to sources briefed on the talks.
- Beijing imposed a 15% tariff on American LNG in February 2025, effectively halting trade; shipments fell from 64 vessels in 2024 to zero in 2025, reversing years of rapid growth in the US-China LNG relationship.
- American LNG producers face a supply glut with 100 million metric tons of capacity under construction, 24.5 million metric tons uncontracted. Exports averaged 17.4 bcf/d in the first half of 2026, up 23% from a year earlier, creating urgent pressure to secure new markets.
- Neither the White House nor the Chinese embassy in Washington responded to requests for comment, signaling the tentative nature of negotiations. The framework remains not final as both sides prepare for the September 24 meeting between Trump and Xi.
- The American LNG industry expects capacity to grow by roughly 10 billion cubic feet per day through 2027. Geopolitical upheaval in Ukraine and the Middle East between the US and Iran has reshaped global LNG flows, intensifying competition for shipments in Asia.
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US, China discuss cutting tariffs on US LNG ahead of Xi visit
Sept 18 (Reuters) - The US and China are discussing a plan to reduce or eliminate China's tariffs on American LNG as part of a broader package of energy and agriculture agreements that could be announced when Chinese President Xi Jinping visits Washington next week, according to two people briefed on the discussions.
·London, United Kingdom
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Total News Sources9
Leaning Left0Leaning Right4Center5Last UpdatedBias Distribution56% Center
Bias Distribution
- 56% of the sources are Center
56% Center
C 56%
R 44%
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