China imposes tariffs on HDPE from the US / Trade war escalates again / Many types of plastic and scrap affected
It is now official. From 23 August 2018, China will impose an additional 25% tariff on plastics imports from the US. The sum involved will run into billions of dollars. It is the next stage in the escalating trade war between the world's two largest economies. Back in July, the two countries imposed punitive tariffs of 25% on imports worth USD 34 bn on each side. In this next round, initiated by Washington on 8 August and responded to by Beijing on the same day, products worth USD 16 bn are... (14.08.2018)