ASSOCIATED PRESSThe word “indefinite” is increasingly being used to describe the US-China trade war after both sides have increased tariffs and intensified rhetoric in the past week. A trade war increases costs, which inevitably increases energy prices for consumers. An indefinite trade war holds other consequences for the US energy sector as well. China was the third biggest buyer of US LNG before the trade war; today, it barely ranks in the top 20. The trade war is keeping potential Chinese partners on the sidelines, unwilling to sign long-term delivery contracts with US suppliers.

Source: Forbes May 20, 2019 08:15 UTC