USA/CHINA TRADE WAR CREATES NEW COMPETITIVE ADVANTAGES FOR EUROPEAN PLASTICS AND PLASTIC PRODUCTS EXPORTERS
August 1st, 2019
THE TRADE war between China and the United States is creating additional opportunities for exporters of plastics, plastic products and ingredients in both these key markets, as both sides erect protective tariffs against each other.
In the latest round of duty escalation - while talks to resolve the dispute over American claims of Chinese misconduct regarding intellectual property misappropriation, industrial subsidies and market access stall - duties of 10% are being imposed by the USA on Chinese goods and 10% and 5% by China on US exports.
Both sides have ...
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