The import tariff of fluoropolymer in China will c

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China's import tariffs on fluoropolymers will have an adverse impact on American industry

China's import tariffs on fluoropolymers will have an adverse impact on American industry

August 1, 2018

[China paint information]

on July 24, industry officials said at a hearing in Washington that the Trump government's import tariffs on China's fluoropolymers will have a "serious adverse" impact on American industry. At a special interagency symposium convened by the U.S. trade representative, several enterprises and industrial organizations pointed out that the U.S. government's imposition of a 25% tariff on fluoropolymers of various brands from China would cause a shortage of fluoropolymer materials

"taxing PTFE and other fluoropolymers from China will have a very adverse impact on the domestic processing industry." Richard Baillie, chairman of Baillie advanced materials in Newark Dale, said he expressed his views on behalf of the fluoropolymer trade alliance. "Tax increases will reduce employment in the United States, worsen the current supply shortage, and endanger our trade surplus." Baillie said that he was a former senior executive of DuPont and the chairman of the fluoroplastics branch of the plastics industry association, although he did not represent the two organizations. He said that the elastic deformation characteristics of plastic products can absorb a lot of collision energy. In, the fluoropolymer industry in the United States has a trade surplus of $15million with China. At this rate, it is expected to reach $21million this year

"we benefit from China's trade, which can be seen from the trade surplus", he said, "the fluoropolymer industry in the United States is growing and becoming strong". He pointed out some possible challenges for the tax increase. He believed that although the fluoropolymer industry was facing a global supply shortage, the tax increase might make American companies worse. He pointed out that at present, China has more than half of the production capacity and reserves of fluorite, which is the raw material for the production of fluoropolymers. Today, China is an important trading partner of the United States

before the government hearing on July 24 ● standard configuration of accessories: one set of wedge-shaped tensile accessories, one set of compression accessories and one set of zigzag accessories respectively -25, lie is the first person among more than 80 hearing people from all walks of life, and representatives from fluoropolymer market also joined his team. Daikin USA, a subsidiary of Daikin Japan in the United States, told the hearing that the tax on Chinese products would endanger their investment plans in the United States. At present, they have developed a new product, which is imported into their resin production plant in China, a fusible fluororesin used in the digital communication industry, and then transported it to a small Daikin plant in Massachusetts, which is at a loss in terms of how it counts, for mixed processing. They want to transfer the production capacity of this resin to the big company of Deakin in Alabama, but because the company's production capacity is full, new investment is needed. Gary stantis, deputy general manager of Business Development Department of Daikin USA, said. But in order to invest, as part of Decatur's $200million expansion investment, Daikin must establish the market share of this new material. If a 25% tariff is imposed, it will make it more difficult to expand the market share

the company told the government in previous documents "They are more willing to move the production of this new product to the United States. Just like our other products, each product needs a new production process and a lot of investment. But to do this, only we have established a customer base and the profit margin in the United States to prove that our capacity expansion is reasonable. In an interview after his testimony, Baillie said that Daikin is not the only case

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