Exclusive-China waives tariffs on US ethane imports, sources say

Reuters

Tue, Apr 29, 2025, 6:54 AM 1 min read

SINGAPORE (Reuters) -China has waived the 125% tariff connected ethane imports from the United States imposed earlier this month, 2 sources with cognition of the substance said connected Tuesday.

The determination volition easiness unit connected Chinese firms that import U.S. ethane for petrochemical accumulation arsenic good arsenic supply an outlet for the earthy state liquid, a byproduct of U.S. shale state production.

Ethane importers successful China see Satellite Chemical, SP Chemicals, Sinopec, Sanjiang Fine Chemical and Wanhua Chemical Group portion the cardinal U.S. exporters are Enterprise Products Partners and Energy Transfer.

China buys astir fractional of U.S. ethane exports, according to the U.S. Energy Information Administration.

China accrued its levies connected imports of U.S. goods, including ethane, to 125% earlier this month, hitting backmost astatine U.S. President Donald Trump's determination to azygous retired the world's No.2 system for higher duties.

The sources said the tariff connected ethane had been waived successful caller days.

Beijing has already granted tariff exemptions connected immoderate products including pharmaceuticals, microchips and craft engines and was asking firms to place captious goods they request levy-free, Reuters reported connected Friday.

(Reporting by Siyi Liu, Trixie Yap, Florence Tan and Chen Aizhu; Editing by Susan Fenton)