Donald Trump’s trade war with China is causing uncertainties in both the financial markets and the overall economy. To that end, the U.S. oil and natural gas sectors could get seriously hurt unless both sides can save face or one side folds.
Economists agree on almost nothing — except that free and fair trade produces better business and healthier economies. And that axiom especially holds true when it comes to the relationship between the United States and China, considering that the Asian nation is the second biggest economy in the world and that it is a voracious consumer of oil and natural gas. In fact, the two economies are inextricably linked to the import-export markets.
