Published on July 13, 2018
In the latest round of tariffs imposed by US on China will include many petrochemical products. The list of $200 billion in Chinese goods disclosed this week would be subject to a 10% tariff if implemented amid growing trade tensions between the US and China. Last Friday, the US implemented $34 billion in tariffs on Chinese goods, and China retaliated with the same value of taxes on US imports, largely agricultural crops and automobiles. The $200 billion list includes ethylene, propylene, butadiene, chlorine and caustic soda, benzene, xylene, toluene and ethylene glycol.
