LNG deals with Japan, South Korea could reduce tariffs, U.S. officials hint

Treasury secretary says energy financing, purchases would narrow trade deficit

20250408N LNG tanks

Liquefied natural gas tanks at Tokyo Gas' terminal in Chiba prefecture. Japan is reportedly considering taking part in a LNG project in Alaska. © Reuters

KEN MORIYASU

WASHINGTON -- A major energy deal involving U.S. liquefied natural gas with the likes of Japan, South Korea and Taiwan was in the works, Trump administration officials said Tuesday, hinting this could lead to a possible reduction of tariffs.

Speaking on CNBC, U.S. Treasury Secretary Scott Bessent said President Donald Trump will personally be involved in the negotiations to review tariffs country by country.

Sponsored Content

About Sponsored ContentThis content was commissioned by Nikkei's Global Business Bureau.