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China removes tariff on U.S. ethane, but new U.S. export licenses create uncertainty for producers.
China has removed a high tariff on U.S. ethane imports, potentially boosting U.S. production and exports.
However, the U.S. now requires export licenses for ethane and butane to China, causing uncertainty for U.S. exporters like Enterprise Products Partners.
Ethane is crucial for petrochemical production, and the tariff removal could benefit Asian firms by allowing a shift to cheaper ethane from more expensive alternatives.
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China elimina los aranceles al etano estadounidense, pero las nuevas licencias de exportación estadounidenses crean incertidumbre para los productores.