September 17, 2019
On September 1, 2019, new 15% tariffs were imposed on a list of over 300 billion goods produced in China, including FIBCs. Due to an 8.4% duty, FIBCs imported from China to the US are now subject to an 23.4% tariff and duty.
ABC Polymer’s FIBC supply chain WILL NOT be impacted by the proposed tariffs as we have a robust supply chain with FIBC partners positioned throughout the world.
Please do not hesitate to contact us if you have any questions or concerns about your current FIBC supply. We will continue to monitor this situation and will provide updates as things develop.