China Tariffs Threaten U.S. Oil Exports
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crude export growthReuters
•Business
Business & Economics
China's retaliatory tariffs on crude likely to push US exports lower in 2025

80% Informative
China 's retaliatory tariffs on the United States may cause U.S. oil exports to decline in 2025 for the first time since the COVID-19 pandemic.
China 's appetite for American crude oil has diminished in recent years thanks to discounted Russian and Iranian oil.
Exports of American crude have surged more than 10 times since it lifted a 40-year federal ban on the export of domestic oil in 2015 .
China increased imports from Canada by about 30% last year to over 500,000 bpd.
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