US Tariff Memo
At 0:50 on 23rd Mar, Beijing time, US President Trump formally signed tariff memo of trade to China at the White House, which would probably impose tariffs on 60 billion US dollars in China's exports. It is reported that the Trade Representative Office of the United States will announce the commodity list within 15 days, and then there will be 30 days' publicity time. The market participants will pay close attention to the scope of the tariff collection. As a major exporter of paraffin, we will continue to pay attention to whether the tariff policy will affect the paraffin Market in China.