Beijing – China is imposing 25% tariffs on ethylene-propylene rubber imported from the US, with effect from 23 Aug.
This includes EPR in primary forms and EPR with less than 94% ethylene by weight, among 333 categories of products worth $16 billion (€14 billion).
The tariff level is intended to match that imposed by the US, under its tariff plan which is due t0 take effect on the same day.
China’s EPR/EPDM sector is highly dependent on imports. The market expects price-rises from suppliers such as Dow, Lion Copolymer…