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Home E-Scrap

Recycling firms seek tariff exclusions

Jerry PowellbyJerry Powell
November 15, 2018
in E-Scrap
U.S. and Chinese currency with a calculator.

As part of the Trump administration’s trade war with China, a number of tariffs have been levied on the import of Chinese goods. A handful of recycling companies and one trade group have sought exemptions.

A tariff exclusion can be sought under several conditions. For example, is the product only available from Chinese suppliers? Or will severe economic harm occur if the tariff is in place?

So far, U.S. companies and organizations have sought 8,265 tariff exemptions, but with little success. While none has been approved to date, 3 percent are targeted for approval.

The data for the recycling industry is similar. Some 48 exclusions have been sought by industry members, with 15 being denied and the remainder still under review. This includes filings by Alter Trading (seeking 5 exemptions), Eriez (7), Green Fiber (1), the Institute of Scrap Recycling Industries (10), ND Paper (1), SA Recycling (9), Schnitzer Steel (7) and Sims Metal Management (8).

Photo credit: eamesBot/Shutterstock

 

 

Tags: Markets
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Jerry Powell

Jerry Powell

Jerry Powell is the founder and editorial advisor of Resource Recycling, Inc., which publishes Resource Recycling, Plastics Recycling Update and E-Scrap News. He previously owned and managed a recycling consulting company and managed a recycling business in Portland, Ore. He can be contacted at jpowell@resource-recycling.com.

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