China slashes US commodities purchases as trade war intensifies

China sharply reduced imports of many US commodities in March — in some cases, to zero — as the trade war between the world's two biggest economies intensified.

- BLOOMBERG

BEIJING -

Among the worst affected were purchases of liquefied natural gas (LNG) and wheat, which both fell to nothing in March, according to Chinese Customs data released on April 20.

The US accounted for 17 per cent of China's wheat imports in 2024, and 5 per cent of its LNG.