So does that mean Trumped “caved” earlier in the week when he said “that high tariffs on goods from China will come down substantially?” (//www.theguardian.com/us-news/2025/apr/22/trump-china-tariffs)China waived a 125% tariff on ethane imports from the U.S. on Tuesday, according to a report from Reuters.
China had initially imposed the tariff earlier this month as part of its retaliation against President Donald Trump's Liberation Day tariff campaign. China is responsible for purchasing roughly half of America's ethane exports each year, according to the U.S. Energy Information Administration.
Chinese companies that rely on U.S. ethane include Satellite Chemical, SP Chemicals, Sinopec, Sanjiang Fine Chemical and Wanhua Chemical Group, while the key U.S. exporters are Enterprise Products Partners and Energy Transfer.
Ethane joins a growing list of products that China has granted tariff exemptions for amid the ongoing trade war with Washington.
Last week, Chinese officials granted exemptions for pharmaceuticals, microchips and aircraft engines and were asking firms to identify critical goods they need levy-free.
News of the ethane tariff's removal comes after U.S. Treasury Sec. Scott Bessent insisted that Trump's tariffs were putting major pressure on Beijing. Speaking at the White House on Tuesday morning, Bessent said the tariffs stand to cost China millions of jobs if it doesn't change course.
"I think that over time we will see that the Chinese tariffs are unsustainable for China," Bessent told reporters. "I've seen some very large numbers over the past few days that show if these numbers stay on, Chinese could lose 10 million jobs very quickly. And even if there is a drop in the tariffs that they could lose 5 million jobs."
"So remember that we are the deficit country," Bessent said. "They sell almost five times more goods to us than we sell to them. So the onus will be on them to take off these tariffs. They're unsustainable for them."
China caves on 125% tariff for major US export after White House predicts Beijing can't keep up
China caved on one of its major 125% tariffs against ethane imports from the U.S. on Tuesday, having initially imposed the tariff last month.www.foxbusiness.com
China caves on 125% tariff for major US export after White House predicts Beijing can't keep up
- Thread starter ziggy
- Start date
derp derp
you have a funny way of showing it shit stain
this is an online anonymous forum. you can pretend to be whatever you claim - but you look like a jackass to me
I don't have a lot of material needs. I have an I/T degree. I know how to work with my hands, and I have been aware of our bullshit financial ponzi scheme for decades. I have land. I have weapons. I have precious metals. I have zero debt
You say you are going to be fine, but I know I am going to be fine - as will my extended family
Daylight63
Verified User
Only a Red Hatter would frame such as an either or option, certainly reflects their vision of patriotism
yawn
Bai Lan
Let It Rot
but government exists to put reasonable limits and laws in place to protect against immorality and self destruction.
are you an anarcist?
or are roads and traffic laws socialism?
should pedophelia be legal?
now it's time for the retirees to allow jobs to come back for the youth.
we know the boomers are half nazi, werner van braun, operation paperclip, tuskegee airmen, hitlers praise for american eugenics, etc, planned parenthood, et al , but it's time to reject the horrors of eugenicist satanism.
It was the economy itself that offshored those jobs, nobody was going to pay anyone even minimum wage to make sneakers and Walmart products
capitalism is a voluntary exchange between free people - so this isn't really that
you say my hands are dirty, but unlike you, I don't advocate for china to take advantage of slave labor and call it capitalism
I expected that response from someone that hates Trump more than they love America. You did not disappoint.
gfm7175
Mega MAGA
Cry a little harder, Dimlight...
"With shutting down USAID we no longer bring value to any people on earth."
SERIOUSLY?! if USAID is your redline you are a derp stickCry a little harder, Dimlight...
"With shutting down USAID we no longer bring value to any people on earth."
Daylight63
Verified User
Cry a little harder, Dimlight...
"With shutting down USAID we no longer bring value to any people on earth."
Yup. America is only worthy of respect when it does good. We do some good and we do some evil. Now that we've gotten rid of USAID we no longer really do much for the world that is good.
Why respect the richest nation on earth who can't be bothered to help anyone else?
We are the kind of country YOU type of people want: evil, repulsive and vile.
Daylight63
Verified User
Another fake "survivalist" who will crumble two days after the shit gets real. Don't worry. You'll be among a large group of such people.
Enjoy playing "super soldier" for the time being, though.
Daylight63
Verified User
Awww, so sweetly naive. Good for you, sweetie. Mommy and daddy will take care of you.
You are hilarious. Sitting in your home surrounded by the fruits of China's slave/prison labor system. And if you had to pay 1Cent more for any of it you'd whine like your balls were being cut off.
YOU are the reason China is going to eat our lunch. Congrats. Hope it was worth it. Hope you enjoyed it as much as you clearly did.
IBDaMann
Well-known member
WRONG! That is a gross mischaracterization.
They want both Trump and the US to fail, kind of like having their cake and eating it too. They want to make America fail again.
Bai Lan
Let It Rot
EPIC MAGA POINTS!
IBDaMann
Well-known member
Your fear mongering and panic peddling have been very anemic as of late. You're not really buying it yourself, are you? You're finding it very difficult to rally the troops against Trump after he keeps winning and winning and winning, aren't you? Everybody likes a winner and Trump is winning bigly every day. You just want to give up, don't you? You notice that Trump is conquering the world with his tariffs and none of your ilk have any idea how to stop it.
I feel for you.
IBDaMann
Well-known member
When you eat crow, how do you normally take it? With Tobasco sauce? Trump is about to eat China's lunch. When he does, how shall we mock you, other than "repeatedly"?
gfm7175
Mega MAGA
Oh nooooooooooooo.... How can ANY good be done in the world without the existence of USAID?!?!?!?!?!?!
Do you mean to tell me that no good was done in the world prior to late 1961?
Is a country really being "helped" if they're just suckling off the USA taxpayer teat? How is THAT helping the USA taxpayer? Is government corruption really "helpful" in any way?
Stop being so naive. Stop being so dramatic.
Projection. Buck up, Dimlight.