mo4ch:>One country that could win big from the US-China trade war | Mo4ch News

If China follows through on its retaliatory threat of raising US liquefied natural gas (LNG) tariffs from 10 to 25 percent, US exports will be hit hard — but another country is waiting to gain from it.Australia is poised to fill the gap for China, with its booming LNG sector well positioned. Last year, China imported 23 million tons of LNG from Australia, which made up about 42 percent of Australia’s exports. That figure could be increasing.US LNG exports to China have plunged 80 percent this financial year, compared to the same time last year. President Trump’s threat to add an additional $300 billion in tariffs on China caused China to retaliate last week with the threat of raising tariffs to 25 percent on these imports starting June 1.Also on rt.comChina's other nuclear option in trade war with US – Rare earth materialsLNG producers in the US and other major LNG exporters will be anxiously waiting to see how the tariffs could impact major natural gas production plant developmen…