CHINESE PLASTICS SECTOR THREATENED BY US TARIFFS
June 1st, 2018
EUROPE’S plastics manufacturing and plastics manufacturing machine sectors may be able to increase exports to the USA and China because of the trade war between the two countries that has broken out.
New American tariffs announced (Friday, June 15) by the USA Trade Representative (USTR) involve USD50 billion’s worth of Chinese exports being hit by 25% duties, additional to any other duties already applied, imposed over claims that Chinese companies are filching American intellectual property.
They will cover China-made exports of a many plastics-making ...
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