angle-double-right calendar

Sign up today to view these articles!

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum.
OR

ReMA Commends U.S. Government Approval of Tariff Waiver Extension on Auto Shredder Wear Parts

Mar 24, 2022, 13:02 PM by Vicki Morgan

ISRI Requested the Tariff Waiver Extension in December 2021

 

(Washington, DC) – The Institute of Scrap Recycling Industries (ISRI), the Voice of the Recycling Industry™, commends the Office of the United States Trade Representative (USTR) as today it announced its determination to reinstate certain previously granted and extended product exclusions in the China Section 301 Investigation.

“Reinstating and extending the Section 301 tariff exclusion on auto shredder wear parts will positively impact more than 200 U.S. auto shredders operating throughout the United States, and allow these businesses to continue to shred end-of-life vehicles and recycle these metals into commodity-grade raw materials that are essential for building infrastructure, strengthening supply chains for locally-manufactured materials, and contributing to a more sustainable circular economy,“ said Fred Fischer, ReMA assistant vice president of international trade.

The determination reinstates the tariff exclusion on shredder wear parts, retroactive to October 12, 2021, and extends the exclusion through December 31, 2022. Shredder wear parts imported from China will not be assessed the additional 25 percent tariff during this period. ReMA requested a tariff waiver extension in December 2021. USTR acted favorably on this request.

A copy of the Federal Register notice can be found here.

###

 

The Institute of Scrap Recycling Industries, Inc. (ISRI) is the "Voice of the Recycling Industry™." ReMA represents 1,300 companies in the U.S. and more than 40 countries that process, broker, and consume scrap commodities, including metals, paper, plastics, glass, rubber, electronics, and textiles. With headquarters in Washington, DC, the Institute provides education, advocacy, safety and compliance training, and promotes public awareness of the vital role recycling plays in the U.S. economy, global trade, the environment and sustainable development. Generating nearly $117 billion annually in U.S. economic activity, the scrap recycling industry provides more than 506,000 Americans with good jobs.

For More Information:

Vicki Morgan
Institute of Scrap Recycling Industries, Inc.
(202) 975.9042; vmorgan@isri.org