Trade Tensions: Lng Imports and Australian Firms

trade tensions: At the moment, Australian firms are benefiting from the trade tensions between the two great nations, with China seeking other sources for commodities like LNG and beef to avoid new US tariffs, according to Nine News Australia. Australian beef exports to China have risen by about 50 per cent over the past year, while the country has drastically slashed its LNG imports from the US and companies down under hope to fill that gap. To improve your experience update it here News National No trade guarantee from US to Aussie firms By AAP12 32pm May 24, 2019Facebook Tweet Mail The US cannot give Australian companies any guarantees they won't be hit when a trade deal is finally reached with China. But there are no assurances the Americans would consider the flow-on effects for their allies should they guarantee a level of imports in any deal with China. Nevertheless, he doubted much would change America's strong economic relationship with Australia. I'm not sure it's my specific role or even the role of the United States to give those kind of assurances you're looking for, acting assistant secretary of state W Patrick Murphy told reporters in Canberra on Friday. (news.financializer.com). As reported in the news.