Asian Countries Look to Buy More US Energy to Offset Trade Imbalance
Asian governments are looking to buy more U.S. oil and gas as they scramble to lower their trade surplus with Washington in hopes of easing their tariff burdens under President Donald Trump’s sweeping new import duties.
Many Asian countries run large trade surpluses with the United States and are also major energy importers.
Trump’s tariffs, which have been partially paused, have rattled economies and markets.
Below are some of the measures that Asian countries plan to bolster purchases
Asian Countries Look to Buy More US Energy to Offset Trade Imbalance