In a significant shift amid ongoing trade friction with Washington, China has quietly lifted a 125% tariff on ethane imports from the United States, easing pressure on Chinese petrochemical companies and offering relief to U.S. exporters.
According to sources cited by Reuters, the tariff—which was introduced earlier this month as part of a broader retaliatory package against U.S. trade measures—was recently waived for ethane, though the decision has yet to be officially announced by Beijing. China’s Ministry of Commerce and Customs authorities have not publicly commented on the development.