Regulations

SOCMA Urges Balanced Trade Policies

Warns new tariffs poses serious challenges for the specialty chemicals sector.

Photo: Shutterstock/Green Oak

The Society of Chemical Manufacturers & Affiliates (SOCMA) warned that the recent tariffs imposed on Canada and Mexico and the additional tariffs imposed on China threaten US supply chains. In a statement, SOCMA said: “The Trump Administration announcement imposing a 25% tariff on imports from Canada and Mexico and an additional 10% on goods from China is a significant shift in U.S. trade policy and poses serious challenges for the specialty chemical sector, disrupting well-establis...

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