USTR Poised to Tweak LNG Penalty Before China-Ship Rule Deadline

The U.S. Trade Representative (USTR) is considering modifying the liquefied natural gas (LNG) penalty as part of a broader policy to limit China's maritime influence. The current policy imposes restrictions on LNG companies, and the administration is planning to ease some of these restrictions before a deadline for a rule targeting Chinese shipping. The policy is aimed at addressing concerns about China's growing presence in global shipping and logistics. The LNG penalty is part of this broader strategy, and the USTR is now looking to make adjustments to the LNG restrictions in the coming weeks. The specific details of the changes are not yet known, but the move is seen as an effort to balance the policy's objectives with the needs of the LNG industry. The article does not provide a definitive timeline for the changes, but it suggests that the USTR is working to finalize the adjustments before the deadline for the rule targeting Chinese shipping.
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