💨 Abstract
China has extended tariffs on a key chemical solvent, n-butanol, for another five years, citing potential harm to the domestic industry. This decision comes after a review initiated in 2023 at the request of domestic n-butanol producers. The move is seen as escalating trade tensions with the US, as seven American companies have also been sanctioned and purchases of American semiconductors are threatened.
Courtesy: theprint.in
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