Page 46 - Plastics News March 2025
P. 46

INTERNATIONAL NEWS




          Scrap plastic from Canada,


          Mexico subject to tariffs

















































                 he   Recycled     Materials   Association      President Donald Trump first outlined the 25%
                 warned of potential “severe” disruption        tariffs in a pair of Feb. 1 executive orders, fram-
          Tto the materials recovery sector after tar-          ing them as a response to drug trafficking and
          iffs targeting the U.S.’s largest trading partners    border security problems. They were quickly
          took effect March 4, bringing higher costs to         paused for one month after deals were reached
          import nearly all goods, including recycled com-      with the governments of Canada and Mexico.
          modities.                                             During a press conference March 3, Trump told
                                                                reporters there was “no room left” for further
          Baled scrap plastic, flake and recycled plastic       deals to be made with Canada and Mexico.
          pellets  are  all  subject to  the  import duties,  as
          are virtually all other goods brought into the U.S.    After the measures took effect early Tuesday
          from both neighboring countries.                      morning, Canada responded immediately with
                                                                tariffs on 30 billion Canadian dollars ($21 billion)


             46   PLASTICS NEWS                                                                    March 2025
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