PODCAST: China LPG importers may not face higher tariffs amid US-China trade tensions
Lillian Ren
17-May-2024
SINGAPORE (ICIS)–The White House on 14 May announced it would increase tariffs on $18 billion worth of imports from China to protect American workers and businesses.
How will this latest development impact China’s LPG supplies from the US. In 2023, the US was the second largest LPG exporter to China, following the Middle East.
In 2018, China raised the import tariff on US LPG from 1% to 25% in retaliation to tariffs hikes implemented by the former US president Donald Trump.
In this podcast, ICIS Analyst Lillian Ren shares insights on the potential impact on Chinese imports of LPG, including propane and butane.
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