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Current Events => General Discussion => Topic started by: SSG Snuggle Bunny on April 29, 2025, 01:35:06 PM

Title: Exclusive: China waives tariffs on US ethane imports, sources say
Post by: SSG Snuggle Bunny on April 29, 2025, 01:35:06 PM
For the doomers desperate to deny Trump a win.

https://www.reuters.com/business/energy/china-waives-tariffs-us-ethane-imports-sources-say-2025-04-29/

Quote
China has waived the 125% tariff on ethane imports from the United States imposed earlier this month, two sources with knowledge of the matter said on Tuesday, among a group of products that have been granted exemptions. The move will ease pressure on Chinese firms that import U.S. ethane for petrochemical production as well as provide an outlet for the natural gas liquid, a byproduct of U.S. shale gas production.

...

Reuters reported last week that some pharmaceutical, aerospace and semiconductor products had also been granted tariff exemptions as Beijing tries to blunt the economic impact of its trade war with the United States.