Plastics Get Pulled Into Tariff Turmoil

General News, Policy News,

Fiber and metals aren’t the only packaging materials and products to get caught in the United States-Canada trade war. As companies sift through tariff codes they’re learning of the numerous plastic items that are included. Alongside impacts from the war with Iran, these tariffs are among the most pressing issues for plastic packaging producers right now, according to Rabobank. Polyethylene bags are listed in Canada’s reciprocal tariffs order at a 50% tariff rate, as are stoppers, lids, caps, other closures and table ware. There are also 15% tariffs on various molds for manufacturing plastic, metal and rubber products.

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