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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?


To: Kirk © who wrote (6065)8/13/2018 7:03:03 PM
From: Jerome  Read Replies (1) | Respond to of 26483
 
Hi Kirk,

Another trade causality with China.

In 2017 China imported 11% of US Natural and liquids. The 2017 imports were up 68% from the previous year. The five year growth rate of LNG exports to China was +157%*
https://oilprice.com/Latest-Energy-News/World-News/PetroChina-Mulls-Suspension-Of-US-LNG-Imports-This-Winter.html
There is currently a surplus of LNG.......and LNG bound for China could be shipped to Japan or India.

But the LNG terminals under construction were counting on China to be the biggest buyer of US, LNG.

Boeing Aircraft are the most valuable US export to China.

If China adds tariffs to Boeing Aircraft, Soy Beans and Natural Gas..... then the US is running out of options to even the score. The most expensive US exports to China are concentrated in a half dozen easy to target categories.

This almost like playing Hearts or Pinochle.....and China is holding the better hand and could run the table.

* Oil price,com