The upcoming Trump-Xi summit in Beijing on May 14-15, 2026, aims to restore US liquefied natural gas (LNG) exports to China, which plummeted by 99.4% in 2025. The summit will focus on encouraging China to resume purchasing American LNG and oil, as part of efforts to mend trade relations strained by the ongoing trade war. This meeting builds on a November 2025 framework agreement that addressed agricultural imports, rare earth export controls, and semiconductor supply chains.
The November agreement saw China commit to eliminating export controls on rare earths and suspending tariffs on US agricultural products, including a pledge to purchase significant quantities of US soybeans. However, energy trade, particularly LNG, remains a critical unresolved issue. The summit seeks to address this gap, although experts caution that any commitments from China may be largely symbolic, given its leverage over critical supply chains.
Trump-Xi Summit Seeks to Revive US LNG Exports to China
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