Companies operating LNG export terminals in the US including China Gasline Development and Liquefied Natural Gas Ltd have expressed relief at the trade war truce between the US and China . The United States is the world’s fastest-growing exporter of LNG and China is the fastest-growing importer of the fuel. At the recent G20 summit , President Donald Trump and Chinese President Xi have agreed to a 90-day moratorium on additional tariffs . The move is seen as a positive development for the hope that upcoming US projects will not be disrupted . This year , China has reduced its US LNG imports to an estimated 10 % , down from 15 % in 2017 , but more long - term agreements are needed to secure the US market .
Companies operating LNG export terminals in the US including China Gasline Development and Liquefied Natural Gas Ltd have expressed relief at the trade war truce between the US and China . At the recent G20 summit , President Donald Trump and Chinese President Xi have agreed to a 90-day moratorium on additional tariffs . The move is seen as a positive development for the hope that upcoming US projects will not be disrupted . This year , China has reduced its US LNG imports to an estimated 10 % , down from 15 % in 2017 , but more long - term agreements are needed to secure the US market .