POLITICO Energy Trump and Xi meet as US-China energy tensions rise
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Oct 30, 2025 Ben Storrow, a reporter for POLITICO’s E&E News, dives into the high-stakes meeting between Presidents Trump and Xi, focusing on their contrasting energy strategies. Storrow explores how Trump favors fossil fuel exports, while Xi pushes for renewable energy leadership. They discuss the implications of U.S. LNG and Chinese renewables on global markets, and how energy is used as leverage in trade talks. Additionally, he highlights Asia's critical role as energy demand surges, positioning it as a battleground for U.S.-China influence.
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Contrasting U.S. And China Energy Models
- The U.S. pursues an energy dominance agenda centered on fossil fuel and LNG exports while China leads in renewables, manufacturing panels, batteries, and EVs.
- These divergent models make the countries economic adversaries and geopolitical competitors in energy.
Resource Endowments Shape National Strategies
- Vast U.S. oil and gas reserves drive American export growth, while China's limited fossil resources pushed it toward renewables.
- IEA forecasts a 50% increase in global LNG supply by decade's end, which is driving down global gas prices.
LNG Supply Growth Versus Local Import Challenges
- Growing LNG exports from the U.S. (and Qatar) are increasing supply and lowering prices, encouraging more gas consumption globally.
- High costs to build regasification terminals and cheap, easy-to-deploy Chinese solar limit LNG uptake in some markets.