Trump tariffs put U.S. plastics companies at risk, says industry association
The response to the Trump administration’s announcement today that it would go forward with imposing tariffs on imports of steel and aluminum from Canada, the European Union and Mexico was swift and often harsh.
Senator Ben Sasse (R-Neb) called it a “dumb” move. Republican governor of Ohio John Kasich asked on Twitter, “By imposing damaging tariffs, do we really want to treat our allies like enemies? That’s not how America leads.” And from that paragon of politeness to our north, Prime Minister Justin Trudeau called the tariffs “totally unacceptable.” Referencing the Trump administration’s justification that the tariffs amounted to a national security measure, Trudeau added, “Canadians have served alongside Americans in two world wars and in Korea. From the beaches of Normandy to the mountains of Afghanistan, we have fought and died together." Considering Canada a “national security threat to the United States is inconceivable," he added.
The U.S. plastics industry also has a dog in this fight because it relies on steel and aluminum to manufacture goods. In a statement made public today, William R. Carteaux, President and CEO of the Plastics Industry Association (PLASTICS; Washington, DC), called on President Trump to reconsider this “dangerous, disruptive approach to trade policy.”
By Norbert Sparrow Read More at
Business
May 31, 2018
