material supplies face significant

basic chemicals like ethylene. Under a high-tariff environment, the cost and stability of these raw material supplies face significant risks. According to Bloomberg, China has recently granted tariff exemptions to two domestic plastic producers that are highly dependent on U.S. ethane, shielding them from the severe impact of high tariffs in the trade war. This highlights the deep reliance of some Chinese firms on U.S. raw materials., Without such exemptions, tariffs as high as several dozen or even over a hundred percent would render operations unsustainable. In fact, since 2019, China has been dynamically adjusting its tariff policies on certain chemical raw materials such as ethane and propane in an effort to avoid self-inflicted harm to its own industries. สล็อต