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China may regulate energy imports from the US
While many have been focusing on US farm produce since China announced new tariffs, less attention has been paid to energy exports. China is a big potential market for US energy, but the ongoing trade war is very likely to make China rethink its energy security and reduce its dependence on US energy exports. Many wonder how China will respond if the US carries out tariff hikes on an additional $300 billion in Chinese products. But it's not important how large, in terms of value, China's counterattack will be on US exports. What is important is how much pain the US economy will be forced to endure. We believe US ... (full story)