In early March, the U.S. Trade Representative (USTR) released a proposed list of 1,300 products that would be subject to an additional 25 percent tariff duty rate when imported from China. As importers of chemical products from China, many NACD members have told us about the impact the tariffs will have on them if implemented. These tariffs, commonly known as the Section 301 China tariffs, would result in an overall $50 billion price tag that will be passed directly on to the U.S. consumer in the form of higher product prices.
People often hear the word ‘chemical’ and think the worst – hazardous, dangerous, toxic. But the reality is much different. New U.S. Environmental Protection Agency (EPA) numbers demonstrate how NACD's environmental, health, safety, and security program helps association member facilities minimize their environmental impact.