化工出口无惧美国关税！甜味剂、钾肥等产品已被豁免

Group 1 - The impact of the recent US tariffs on China's chemical industry is expected to be limited, as the direct export proportion of chemical products to the US is relatively low, with a significant portion exported as downstream products like rubber and plastic [2][3] - In 2024, China's total chemical product exports are estimated to be approximately $370.7 billion, with exports to the US amounting to about $44.6 billion, accounting for approximately 12.03% of total exports [3] - The Chinese tire industry has been adapting to global market conditions, with companies like Sailun Tire implementing a global strategy to mitigate the impact of tariffs [4][5] Group 2 - Certain chemical products have been exempted from the new tariffs, including sucralose and aspartame, which are produced at a competitive cost by Chinese companies [2][6] - The domestic chemical industry is experiencing a wave of stock buybacks, with major companies like China Petroleum and China National Chemical announcing significant repurchases of their shares [8] - The reliance on imported high-end chemical products is expected to drive domestic production and substitution, particularly in the case of nucleating agents, where China's dependency on imports is currently around 70% [7][6]