Supermax: Trade war benefits rubber glove sector

Group managing director Datuk Seri Stanley Thai Kim Sim said this was because the US government had imposed a 10% tariff on medical gloves made in China starting from Sept 1. Supmermax’s exports to the US currently account for 30% of its total exports.

KUALA LUMPUR: Rubber gloves manufacturer, Supermax Corporation Bhd, is expecting its exports to the United States (US) to increase to 40 per cent from the current 30 per cent, boosted by sales of medical gloves due to the ongoing US-China trade war.

Founder and president Datuk Seri Stanley Thai Kim Sim said this was because the US government had imposed a 15 per cent tariff on medical gloves made in China starting from Sept 1.