US LPG exports to China poised to rebound after tariffs slashed

US exports of liquefied petroleum gas to China are poised for a rebound after both countries slashed tariffs for 90 days starting Wednesday.

Under the 90-day temporary truce, China will reduce tariffs on US LPG imports to 10% from 125%, while the US will cut tariffs on Chinese imports in April to 30% from 145%.

US and China lower mutual tariffs, calling 90-day truce in their trade war

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In April, US LPG exports to China had hit a three-month high of 1.6