US shale producers warn Chinese tariffs would hit energy exports
Updated : June 21, 2018 09:04 AM IST
China's proposed tariffs on US petroleum imports, part of a mounting trade war between the two countries, would crimp sales to the shale industry's largest customer.
China has said it would slap a 25 percent tariff on imports of US crude, natural gas and coal on July 6 if Washington went ahead, as planned, with its own tariffs on Chinese goods that day.
Energy would be added for the first time to a burgeoning trade dispute that has hit imports of Chinese metals and solar panels.
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