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April 29, 2025
Trump Folds by having China waive tariffs on US ethane imports without giving China anything in return
That's how it works, right?
Any time a tariff gets rescinded anywhere it's Trump folding?
I'm pretty sure that's why I learned on Bluesky.
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.
So, let me get this straight...China is rescinding import tariffs on energy products...the main driver of economic activity.
Without getting anything from Trump yet (I'm sure talks are ongoing, and this rescission is probably part of negotiations).
Man, that Trump, the big dummy. He sure is lucky here.
Kindlot corrects me:
26 Ethane is used in plastic manufacturing and is a side-product from natural gas drilling.
It is not specifically an energy product.
Posted by: Kindltot at April 29, 2025 01:52 PM (D7oie)

posted by TheJamesMadison at
01:43 PM
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