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The Trump administration has expanded tariffs to a further US$200 billion of Chinese goods, this time including many energy products on the list. According to Caixin Energy, the value of the goods is quite low because US imports of Chinese energy products are negligible. However, the US stands to lose a major natural gas export market due to China’s retaliatory measures, which place a 25% import tariff on LNG. China’s LNG imports from the US are relatively small; it gets most of its imports from Qatar and Australia, but as China’s demand skyrockets, US companies have been eyeing major new opportunities.