China Places Tariffs On Recyclables, Dealing Another Blow To Oregon
In another blow to Oregon’s beleaguered recycling sector, China announced new tariffs on imported scrap materials Wednesday, Aug. 8, in retaliation for tariffs on China imposed by President Donald Trump.
The tariffs apply to scrap plastics, paper, aluminum, ferrous metals, copper, nickel, zinc, tin and other base metals.
The tariffs are slated to go into effect Aug. 23, according to the Institute of Scrap Recycling Industries, Inc., a Washington, D.C.-based national trade group.
“ISRI regrets that the trade dispute between the United States and China continues to escalate without any indication that the two governments will be negotiating an agreement on trade,” the trade group relayed in a press statement. “There is no doubt that these tariffs will impair the already diminishing scrap exports from the United States to China.”
Read the full story at The Portland Tribune.