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China to implement 10% tariff on imports of US LNG

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19 September 2018

China to implement 10% tariff on imports of US LNG

Report summary

Following escalation of the trade dispute between China and the US, China has implemented a 10% tariff on US LNG imports effective 24th September. In line with other commodities, we expect the tariff to be applied inclusive of costs up to delivery into the port in China (including shipping, port and canal charges). Implementation of the tariff will have consequences both for short term spot LNG prices and also long term LNG supply development.

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