Friday, April 20, 2018

Singapore ‘closely’ following China’s new anti-dumping measures on synthetic rubber imports

Singapore is among the countries whose exports of halogenated butyl rubber into China will be imposed with anti-dumping duties.
Read more at https://www.channelnewsasia.com/news/singapore/singapore-rubber-imports-china-s-new-anti-dumping-measures-10157920
 (Updated: )

Ricky Lim · 
Energy giant ExxonMobil has a halobutyl rubber facility on Jurong Island. A press release dated October 2014 said the company is a "major supplier of halobutyl rubber to the global tyre industry" and the new facility in Singapore "will add production capacity of 140,000 tonnes per year".
In light of the anti-dumping measures from China, an ExxonMobil spokesman said the company is “carefully studying” the preliminary findings and will continue its cooperation with the relevant authorities.
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See how this Trump's trade war causing collateral damages to other Countries.

ExxonMobil is a US company - and when China retaliate against Trump's trade war ---- Singapore being the host to ExxonMobil also suffer damages.

Trump does not care about the consequences it cause to its own US businesses or its partners or friends.

Trump's trade war only want to achieve his personal agenda of retaining his President seat.
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