New Tariff may Have an Impact on Export of Chinese Chemicals

The latest reports say a 25 percent tariff — instead of the original 10 percent — would be proposed on $200 billion of Chinese goods ranging from electrical machinery to leather goods to seafood, by the administration of US President Donald Trump, which may have an impact on exports of chemical products.
The tariff increase proposed on Wednesday is two and half times the amount originally proposed, making it the same as the tariffs the US already imposed on $34 billion in Chinese goods and on another $16 billion in coming weeks.

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