Trump states China to start procedure of buying ‘American energy’

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Trump states China to start procedure of acquiring ‘American energy’

ReutersLast Updated: Oct 30, 2025, 01:53:00 PM IST

Summary

President Donald Trump revealed China’s arrangement to start U.S. energy purchases, possibly including a considerable offer for Alaskan oil and gas. Energy groups, consisting of agents like Chris Wright and Doug Burgum, are set to assemble to complete the specifics of this substantial energy deal. This advancement indicates a prospective increase for American energy exports.

< img height ="225" width ="300" alt ="US and China say a trade deal is drawing closer as Trump and Xi ready for a high-stakes meeting" src ="https://img.etimg.com/thumb/msid-124942758,width-300,height-225,imgsize-116434,resizemode-75/us-and-china-say-a-trade-deal-is-drawing-closer-as-trump-and-xi-ready-for-a-high-stakes-meeting.jpg">AP
United States President Donald Trump

United States President Donald Trump stated on Thursday that China consented to start the procedure of acquiring U.S. energy.

“In fact, a very large scale transaction may take place concerning the purchase of Oil and Gas from the Great State of Alaska. Chris Wright, Doug Burgum, and our respective Energy teams will be meeting to see if such an Energy Deal can be worked out,” Trump stated in a Truth Social post.