Trump-Xi Talks May Rekindle $6 Billion LNG Trade

US President Donald Trump's administration is set to meet with Chinese leader Xi Jinping this week in Washington. One topic of discussion could be the revival of a $6 billion-a-year trade in US liquefied natural gas (LNG). China is currently the world's largest buyer of US LNG, but trade has been strained since February 2025 due to a tariff campaign led by Trump.

The tariffs imposed on US energy exports, including LNG, have had a significant impact on trade between the two nations. Beijing retaliated with its own levies on US energy in response to the tariffs. Reviving the LNG trade could be an easy win for Xi Jinping as it would allow him to show goodwill towards the Trump administration.

The US is the world's largest exporter of LNG, and China is a crucial market for this commodity. The revival of the trade could have significant economic implications for both nations, but details on the proposed agreement are scarce at this time.