Winners and losers on new US tariff on Chinese silicones

While the Chinese can’t import silicon metal to the US due to the high US duty, there were significant imports of Chinese silicones and silicones products. Now, Trump wants to put a 10% duty on all silicones imports from China. Already, analysts are saying the move will allow Dow to mint money and throw a lifeline to MPM. On the other hand, Elkem will see problems since its most of its operations are all in China.

Leave a Reply

Be the First to Comment!

Notify of
avatar

This site uses Akismet to reduce spam. Learn how your comment data is processed.

wpDiscuz