Foreign media: US government sends letter to US companies revoking a restrictive licensing requirement, clearing the way for resuming ethane exports to China

Golden Finance reported that according to Reuters, the US government sent a letter to Enterprise Products Partners and Energy Transfer, two major ethane producers and exporters in the United States, on Wednesday (July 2), revoking a restrictive licensing requirement implemented a few weeks ago, clearing the way for the resumption of ethane exports to China. The report states that this is a signal of a ceasefire in the trade war between the United States and China. The report also stated that after the lifting of restrictions, 8 ships have sailed to China. (Global Network)