China to Resume US LPG Imports as Beijing Waives Trade-War Tariff: Sources

China to Resume US LPG Imports as Beijing Waives Trade-War Tariff: Sources
A pumpjack from California-based energy company Signal Hill Petroleum is seen in front of the landmark Curley's Cafe in Signal Hill, Calif., on Oct. 21, 2019. Frederic J. Brown /AFP via Getty Images
|Updated:

SINGAPORE—China has begun buying U.S. liquefied petroleum gas (LPG) again after a hiatus of nearly 20 months as Beijing waived punitive tariffs to boost imports of U.S. goods as part of the Sino-U.S. Phase 1 trade deal, industry sources said.

Importers have rushed to apply for waivers for the 25 percent tariff to buy the fuel, a by-product from U.S. shale gas production, after Beijing started granting exemptions this month for nearly 700 U.S. goods.