Goldman Sachs stated that China, which is the largest producer of plastic in the world, may exempt imports of petrochemical raw materials such as ethane and liquefied petroleum gas (LPG) from tariffs if trade talks with the United States proceed positively.

Bank analysts, including Dan Struyven, wrote in a report: "If the tariff negotiations between the United States and China are positive, imports of petrochemical raw materials may top the list of Chinese exemptions for historical and economic reasons," they noted that these materials had received exemptions from restrictions in 2018.

So what is the fate of the crypto world if China and America continue to collide and raise tariffs on some.