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(Washington, DC) – In response to China’s announcement that it intends to impose a 25 percent import tariff on Harmonized Tariff Code 7602.00 – Aluminum Waste and Scrap – the Institute of Scrap Recycling Industries (ISRI), which serves as the Voice of the Recycling Industry TM, released the following statement:
“In 2017, the United States exported more than $1.1 billion worth of aluminum scrap to China, which has been in a positive trade balance for more than a decade. The Chinese Government’s announcement will impact this significant U.S. scrap export, spurring concern that exports of additional scrap commodities could be impacted in future announcements.”
Facts about U.S. aluminum scrap exports:
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