Insight
US-China trade tensions: what are the implications for commodities?
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
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 the following images and tables:
- 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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