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China Removes 125% Tariff on US Ethane Imports Amid Trade War De-escalation Efforts
China Removes 125% Tariff on US Ethane Imports Amid Trade War De-escalation Efforts
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China has waived its 125% tariff on US ethane imports, a move enacted earlier this month to alleviate pressure on domestic companies. This decision marks a critical development in the ongoing trade conflict between the two economic giants, as global markets seek signs of de-escalation.
The tariff waiver reflects broader geopolitical tensions that have simmered since early April, with both nations navigating a delicate balance between economic retaliation and mutual dependency. market participants are closely monitoring these developments for implications on commodity flows and cross-border trade dynamics.
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