One Country That Could Win Big From The U.S., China Trade War

If China follows through on its retaliatory threat of raising U.S. liquefied natural gas (LNG) tariffs from 10 to 25 percent, U.S. 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…