China Removes 125% Tariff on US Ethane Imports
In what is yet another critical development of the ongoing trade conflict, China has announced it will waive its 125% tariff on US ethane imports. Indeed, the nation had enacted the waiver earlier this month to ease pressure placed on Chinese companies, sources told Reuters. The waiver is yet another facet of the ongoing tariff war taking place between both sides. Amid increased uncertainty, the global economy is looking for any signs of de-escalation between both sides, with worries of a US-China trade war brewing. JUST IN: China removes 125% tariff on US ethane imports. — Watcher.Guru (@WatcherGuru) April 29, 2025 Also Read: Bessent: China Must Act to End Trade War—Tariff Relief Hinges on Beijing China Expands Tariff Exemptions on US Imports as Trade War Fears Persist Since early April, the world has been confronted with growing geopolitical tensions between the United States and China. The former announced a sweeping America-first tariff plan on nearly all countries. Subsequently, ...