Insight
US-China trade tensions: what are the implications for commodities?
Report summary
On 15 June, the US administration announced it would impose 25% tariffs on about US$50 billion of Chinese goods. China immediately retaliated with tariffs of the same scale and amount – including US energy products as one of its targets. The US has since responded with the threat of another US$200 billion round of import taxes, escalating the situation further. In this Insight, we assess the likely impact – if implemented – of these tariffs on crude oil, LNG, propane, petrochemicals, power and coal.
Table of contents
- Key takeaways
- Crude oil
- LNG
- Propane and petrochemicals
- Power
- Coal
- Conclusion
Tables and charts
This report includes 3 images and tables including:
- Share of US production destined for exports
- Power demand for key industries
- Power intensity for key industries
What's included
This report contains:
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