American recyclers have welcomed an extension of the policy that exempts shredder wear parts from a 25% tariff on certain Chinese products imported into the US.
Earlier this month, the United States Trade Representative (USTR) announced a nine-month extension for certain exclusions in the China Section 301 policy, including the tariff for shredder wear parts.
In July 2018, the Trump administration imposed the tariff but, after appeals from the Institute of Scrap Recycling Industries, an exemption was granted in April 2019. In 2020 the government allowed companies and organisations to request continuation of the exemption for a further year, which was granted.
‘Extending the Section 301 tariff exclusion on auto shredder wear parts will positively impact more than 200 US auto shredders,’ says ISRI president Robin Wiener. ‘The exclusion will allow these businesses to continue to provide a renewable source of high-quality materials for the everyday items and essential infrastructure people depend on.’