Trump’s Trade Strategy Fuels Unexpected Energy Boom

When President Donald Trump was on the campaign trail, he threatened the biggest trade partners of the U.S. with 25% tariffs unless they did something about the surplus they were running with the U.S. Analysts said this idea was risky. Now, Bloomberg has reported that the idea, while not exactly elegant, is already working. Asian energy importers are seeking more crude oil and LNG cargos from the United States, the publication wrote as the 47th president was being sworn in. The goal is to appease Trump before he does something even more painful…