Trump’s trade war hits the one thing that was working – energy exports to China: Russell

LAUNCESTON, Australia (Reuters) – U.S. President Donald Trump claims that his tariffs on trade are “working big time”, but this ignores signs that the best hope the United States had for boosting exports to China is being crushed as Beijing clamps down on energy imports. One of Trump’s stated aims in launching tariffs against Chinese imports was to lower the trade deficit between the United States and China, which is in the region of $375 billion a year. Read more here.