New Spat Between U.S. And China Could Crush $52 Billion Energy Deal

The latest escalation between the U.S. and China could compromise U.S. energy sales worth $52 billion that China pledged to make over the next few years as part of the trade deal between the two nations. “China could be well short of its purchasing obligations for politically important agriculture products and energy goods,” energy consultancy ClearView Energy Partners told Bloomberg. “President Trump might see more political upside in scapegoating China for the spread of Covid-19 than preserving the compact.”…