China caves on 125% tariff for major US export after White House predicts Beijing can't keep up China caved on one of its major 125% tariffs against ethane imports from the U.S. on Tuesday, having initially imposed the tariff last month. Original Source: https://www.foxbusiness.com/politics/china-caves-125-tariff-major-us-export-after-white-house-predicts-beijing-cant-keep-up
