On August 23rd, 2018, China imposed a 25% duty on imports of ethylene, propylene and butadiene from the US. China imports relatively small volumes of propylene and butadiene from the US. Imports of ethylene, however, are sizable and volumes slowed in the fourth quarter, impacted by the duty.Continue reading
The March 1 deadline for an increase from 10% to 25% in tariffs by the US on $200 Billion of imports from China has been postponed, but tariffs on many polymers and chemicals put in place earlier by both countries remain.Continue reading
China imported 39,000 tons of ethylene polymers from the US in October 2018, down from a monthly high of 102,000 tons in August.
Although trade data for July for the US does not reflect new tariffs of 25% on many fabricated plastic products from China, US statistics showed record volumes being imported each month from May through July.