LifestyleOther

China increased gas imports from Russia after the tariffs introduced by the United States – NYT


The publication, referring to the tracking data, noted that Beijing continues to separate from the Washington economy.

According to China’s customs service, Import LNG from the United States has already fallen to a low level from November to January. China increased the supply of Russia-aggressor from Russia. Last year, Moscow sent Beijing four times more gas than America.

In addition, the refusal of Europe from Russian gas after a full -scale invasion of Ukraine in 2022 led to its costly. Therefore, Chinese energy companies were also able to save on the purchase of gas, abandoning gas from America.

The media recalled that the supply of LNG from the USA to China increased significantly in January 2020 after Washington and Beijing entered into an appropriate trade agreement. It said that gas purchased in the States does not have to be used only in China.

The supply sharply decreased in 2022 after Russian invasion of Ukraine. According to the China Customs Administration, last year the United States accounted for 3% of natural gas imports to China.

Context

On January 31, speaking to journalists in the oval office when signing decrees, US President Donald Trump said that he would introduce new high duties of 25% of goods from Mexico and Canada and 10% for imports from China from February 1. Beijing introduced return fees for Washington.

On April 2, Trump announced the introduction of duties on the import of goods from many countries, including China. Beijing condemned the such actions of Washington.

The American president introduced an additional 34 percent tariff for Chinese goods within high duties imposed on most US trading partners, bringing total duties for China this year, first to 54%, and then up to 245%.

Trump's tariffs were called in China “Unilateral practice of bullying and coercion “and increased response duties for the United States to 125%.

Ashley Davis

I’m Ashley Davis as an editor, I’m committed to upholding the highest standards of integrity and accuracy in every piece we publish. My work is driven by curiosity, a passion for truth, and a belief that journalism plays a crucial role in shaping public discourse. I strive to tell stories that not only inform but also inspire action and conversation.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button