Impact of Tariffs on UK supply of Polyethylene
As the spectre of rising global trade tensions looms, the UK plastics industry is bracing for significant impacts in the coming months. The European Union is poised to introduce tariffs on a range of US imports starting in April and, unless there is a breakthrough in negotiations, a 25% tariff on imports of US polyethylene (PE) is expected from April 13th.
This development could lead to considerable disruption in supply as producers and traders grapple with the implications.
