The spat of imposing tariffs on each other continues to hamper the economy of two nations. After US imposition of tariffs on Chinese goods, China has further imposed tariffs of 25% on imports of EDC and PVC from US. Now traders are moving US-origin ethylenedichloride cargoes to Thailand or India instead of China. There has been long run of imports of EDC from US by China in past. Around 70% of EDC is imported from US by China.
According to traders they are are trying to ease the impact of the tariff by moving US-origin cargoes to Thailand and India instead of China, and moving Asian-origin cargoes, mostly from South Korea and Taiwan, to China instead of Thailand and India.
