Chinese retaliatory tariffs on imports of polyethylene from the US resulted in a 24% drop in US shipments to China for the January – May 2025 period, to 822,000 tons. That decline was somewhat offset by higher volumes to other markets, resulting in a 4% increase in the US total, to 6.5 million tons YTD.
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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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