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  • China's targeting of natural gas and oil products for tariffs is a special rebuke aimed at U.S. officials who had pushed energy products as a way for China to narrow its trade gap with America.
  • Signs that China is cutting back on oil imports weakened crude prices Wednesday but will not derail the longer term outlook for robust U.S. energy exports.
  • The U.S. export business is growing rapidly. Oil exports could grow by a million barrels a day annually over the next five years and liquified natural gas exports could more than double by 2020 to 9 billion cubic feet a day from 4 billion cubic feet, according to Citigroup.https://www.businesstimes.com.sg/government-economy/chinas-july-exports-accelerate-as-us-prepares-new-tariffs

    China's July exports accelerate as US prepares new tariffs

    Its surplus with US shrinks marginally but US$28.09 billion figure still near record highs

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By threatening to withdraw preferential treatment enjoyed largely by small and medium-sized Indian companies just before the Indian elections, Donald Trump seems to be pushing a weaker partner on trade while succumbing to a strong adversary like China.

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