The China-US Trade War Is About To Start, And The Plant Extract Market Will Be Affected?
Today is July 6, 2018. According to media reports, according to the plan, the US government will implement a tax on China's 34 billion US dollars of goods on July 6, of which about 20 billion, accounting for about 59% of foreign investment in China. Corporate products. At the same time, the US side has once again threatened that if China and the United States cannot quickly reach a trade agreement, they must impose tariffs on all of China’s $500 billion in exports to the United States. These seem to be very scary, but they are not. China's extracts are not just a market in the United States. The US market accounts for only 10% of the Chinese plant market. Other markets, such as Europe, Southeast Asia, and Africa, account for a much higher share than the US market.
Although licorice extract has a market in the United States, if the China-US trade war opens, Chinese suppliers will transfer the market and reduce or even cancel all US orders. Thus, the loss is not only the Chinese supplier, the United States has no raw materials to produce the people. Health supplements and foods needed.
The sales of pharmaceutical grade Ammonium Glycyrrhizinate and 18β-glycyrrhetinic acid(Enoxolone), as well as food grade Ammonium Glycyrrhizinate, Licorice extract powder and Licorice extract, will not be affected by the China-US trade war. First of all, we have stocks in the warehouse in Los Angeles, which is enough time. In addition, we have transferred the market from the United States to European countries, such as France, Algeria, Germany, Italy, Turkey, etc. So what we can do
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