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US/China trade war escalates to ... - Rubber Journal Asia
In the on-going trade “war” between China and the US, the Office of the US Trade Representative has stated that almost all tyres imported from China, as well as quite a few rubber products, polymers and other raw materials important that are vital for the rubber industry, will be subjected to a 10% tariff as proposed by the current US administration.
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Send InquiryChina/US trade war affects rubber and other commodity
China/US trade war affects rubber and other commodity prices by admin • June 20, 2018 • 0 Comments Prices of commodities from iron ore to rubber took a tumble in China, with investor sentiments shaken by the import duties imposed by both countries, amidst intensifying trade war between Beijing and Washington that could hurt the world’s second largest economy.
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China ranks as the largest U.S. trading partner in tires, and the value of these exports to the U.S. rose 28.2% to $1.95 billion last year, Rubber & Plastics News reports.
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China National Chemical Corporation, commonly known as ChemChina, is a Chinese state-owned chemical company in the product segments of agrochemicals, rubber products, chemical materials and specialty chemicals, industrial equipment, and petrochemical processing. As of 2018, it is ranked 167th among the Fortune Global 500 companies.
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Send InquiryUS/China trade war escalates to - Rubber Journal Asia
In the on-going trade “war” between China and the US, the Office of the US Trade Representative has stated that almost all tyres imported from China, as well as quite a few rubber products, polymers and other raw materials important that are vital for the rubber industry, will be subjected to a 10% tariff as proposed by the current US administration.
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Global and China Natural Rubber Industry Report, 2017-2021 by ResearchInChina highlights the following: Supply & demand, regional distribution, prices, competitive landscape and development trends
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