The new order goes into effect October 30, 2026. The original imposition of tariffs on the PE and PP fabricated products and many others was announced on July 20, 2026, as retaliation against punitive measures by Canada on imports of automobiles from US. (Proclamation 11048 Imposing Additional Duties to Offset Canadian Discrimination Against the Commerce of the United States with Respect to Motor Vehicles.)
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ABS, SAN, Polyacetal, and PET (Bottle- & Film/Fiber-Grade) Global Trade Volume Rebounded Strongly in 2024; Polycarbonates Managed a Minor Gain; PMMA, down 1%
The rebound followed two years – 2022 and 2023 – of either declining or flat global trade volume for all of these polymers except bottle grade PET. This polymer posted a gain of 17% in 2022, a 5% decline in 2023, and another strong gain, up 15%, in 2024.
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