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Trade war

Trade war carves new paths for LNG and soybeans

One year on, US exporters see China opportunities lost to Brazil and Australia

China's shift toward Brazilian soybeans may not be easily undone, even if tariffs on imports of the crop from the U.S. are lowered.   © Reuters

TOKYO -- International flows of commodities have been reshaped by the U.S.-China trade war, with Brazil seizing on the opportunity to satisfy Chinese demand for soybeans while Australia does likewise for liquefied natural gas.

A year on from the first volleys of tariffs, the two countries remain at the negotiating table for a deal to end their dispute, with China saying Sunday it will continue to hold of on additional duties on U.S.-made autos to create "a good atmosphere" for talks.

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