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China has suspended LNG imports from the United States


Marec, 18 2025
watermark Economic news

China has suspended imports of liquefied natural gas (LNG) from the United States, having not made purchases for 40 days. This was the longest break in energy trade between the two countries in almost two years. 


Due to the 15% duty imposed by Beijing on American LNG, which began operating on February 10, traders have to redirect supply flows to avoid economic losses. These actions were China's response to the duties imposed by the United States on Chinese exports.


At the moment, China is actively redirecting American LNG to European countries, while focusing on gas purchases in the Asia-Pacific region and the Middle East. At the same time, domestic natural gas production is increasing in the country, which makes it possible to compensate for the deficit.


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Foreign exchange is highly speculative and complex in nature, and may not be suitable for all investors. Forex trading may result in a substantial gain or loss. Therefore, it is not advisable to invest money you cannot afford to lose. Before using the services offered by ForexMart, please acknowledge the risks associated with forex trading. Seek independent financial advice if necessary. Please note that neither past performance nor forecasts are reliable indicators of future results.