China’s Purchases and Investments In US Energy Are On Their Terms
President Trump trumpeted his trade deal with China, but so far it has been a bust, according to The Wall Street Journal — the Chinese have not purchased nearly the amount of energy (in terms of total dollars) as they promised — only $2B in oil and gas purchases against a commitment of $25B for this year.
Why This Matters: Trump’s energy policy is a colossal failure, especially when measured against his outlandish campaign promise of complete energy independence.
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