A heavily anticipated trade war with China is now underway — and its effects could ripple throughout the U.S. energy sector. The Trump administration slapped a 10 percent across-the-board tariff on Chinese imports Tuesday, sparking China to levy duties on U.S. natural gas, coal, crude oil, pickup trucks and other products.

After many months of threats, the US has imposed 10% tariffs on all Chinese goods coming into the country and China retaliated immediately, launching an investigation into Google and putting its own levies on a range of American goods including LNG.