The U.S. Environmental Protection Agency (EPA) recently published the final rule on TSCA User Fees and officially began collecting the new fees for TSCA activities on October 1. NACD has been closely involved in the development of the rule. We submitted our initial comments in August of 2016 and then sent more extensive comments in February 2018 based on EPA’s proposed rule.
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.