China's Proposed LNG Tariff Jeopardizes U.S. Projects, an Industrial Info Market Brief

Billions of dollars in new export terminal projects are now at risk as China's retaliatory measures extend to the U.S. liquefied natural gas (LNG) sector. China's newly proposed 25% tariffs on U.S. LNG imports could place $200 billion in unsanctioned project development along the Gulf Coast at risk. U.S. developers seeking to secure sales contracts to fund construction require unfettered trade access to the world's largest growing LNG market.China's is now the third-largest buyer of U.S. LNG and