US considers semiconductor and pharma tariffs
The US now has semiconductors and pharmaceuticals firmly in its tariff sights.
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The US now has semiconductors and pharmaceuticals firmly in its tariff sights.
Abu Dhabi sovereign investment firm Mubadala Energy has bought a 24.1% stake in Kimmeridge’s SoTex HoldCo, which owns Kimmeridge Texas Gas and Commonwealth LNG – marking its first major investment in the US.
The US position of using tariffs as a commercial negotiating tool appears to be bearing fruit in places, with Taiwan considering tripling US LNG imports to avoid tariffs.
As US and China tit-for-tat tariffs intensify, liquefied natural gas trade continues to be one of the most impacted sectors, following the most dramatic of first quarters.
US-based infrastructure investment firm Stonepeak has bought a 40% interest in Louisiana LNG Infrastructure, owned by Australia-based global company Woodside Energy Group.
It is clear already that energy is a crucial bargaining chip for the US when it comes to President Trump’s roll-out of widespread tariffs on imported goods.
It may be a world-renowned holiday destination but the Bahamas is now making moves in the LNG sector as it seeks a move away from diesel.
Canada and Mexico have avoided the new 10% global tariffs issued by the US – but only because they have been targeted under previous measures.
After a series of unilateral tariff measures, the US is set to introduce a reciprocal global system which President Donald Trump believes will boost American wealth but has left economists fearing will usher in a...
Singapore-based Shell Eastern Trading, a subsidiary of the Dutch energy multinational, has completed the full acquisition of Pavilion Energy, strengthening its presence in the LNG trading business.
