Tags: trump | xi | china | u.s. | energy

Trump: China to Begin Purchasing 'American Energy'

Trump: China to Begin Purchasing 'American Energy'
President Donald Trump, left, and Chinese President Xi Jinping shake hands after their U.S.-China summit meeting at Gimhae International Airport Jinping in Busan, South Korea,  Oct. 30, 2025. (Mark Schiefelbein/AP)

Thursday, 30 October 2025 06:21 AM EDT

U.S. President Donald Trump said Thursday China has agreed to begin the process of purchasing U.S. energy.

"In fact, a very large scale transaction may take place concerning the purchase of Oil and Gas from the Great State of Alaska. Chris Wright, Doug Burgum, and our respective Energy teams will be meeting to see if such an Energy Deal can be worked out," Trump said in a Truth Social post.

China has stayed away from importing U.S. crude oil and has been reselling U.S. liquefied natural gas since early this year as Beijing's high tariffs made the purchases unviable.

The U.S. accounted for about 5% of China's LNG imports and 2% of China's crude oil imports last year, Chinese customs data showed.

© 2025 Thomson/Reuters. All rights reserved.


StreetTalk
U.S. President Donald Trump said Thursday China has agreed to begin the process of purchasing U.S. energy.
trump, xi, china, u.s., energy
122
2025-21-30
Thursday, 30 October 2025 06:21 AM
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