Tag Archives: isocyanates

Imports of Nearly All Widely Traded Polymers and Chemicals are NOT Exempt from the New Tariffs Announced by the US on April 2, 2025

The tariff situation is rapidly evolving. The Executive Order announced by the White House on April 2, 2025 to go into effect April 5 imposed a 10% general tariff on nearly all products imported into the US. This was to be followed by additional tariffs that would vary depending on the country. All of these may change as a result of currently ongoing negotiations.

In Annex II to the Executive Order, the White House exempted certain strategic goods. Most organic chemicals, polymers, and fabricated plastic products are not on this list and are not exempt.

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Sharp Drop in Global Isocyanates Trade Through May 2020 and Projected for Year End

The volume of isocyanates (combined MDI, TDI and other) traded through May 2020 was down 10% from the same period last year, based on latest available statistics. Asia-Pacific and Western Europe, accounting for more than half of global trade volume, each saw trade contract within their regions, with lower imports.

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