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US LNG Export Gains at Risk if Trump Wins Election and Boosts Tariffs, Analysts Say
U.S. exporters of liquefied natural gas (LNG) could face new hurdles if Republican Donald Trump wins the presidential election because of a proposed 60% tariff on imports from China, despite the former president's pledge to speed new energy permits, say analysts. The U.S. became the world's largest exporter of the super-chilled gas last year, generating tens of billions of dollars in annual trade. Exports will average 12.1 billion cubic feet per day this year, almost double their level four years ago, according to U.S. government estimates. Even greater potential gains have been stalled because President Joe Biden's ... (full story)