How to Navigate the New Packaging Tariffs
In light of the latest round of Chinese tariffs imposed by the U.S. administration, CRP is anticipating a rise in the cost of overseas packaging and higher demand on U.S. factories.
The latest USTR Tariff List targets over $200 billion in products including the materials used in packaging. As of 9/25/18, the tariff is 10%. At the end of the year, that tariff is scheduled to increase to a whopping 25%.
What is included?
Here are just some of the packaging materials listed:
Coated paper or paperboard
Uncoated, unbleached kraftliner
Uncoated, unbleached kraft wrapping paper
Uncoated sulfite wrapping paper in rolls or sheets
Uncoated multi‐ply paper & paperboard, bibulous & wrapping paper
Cartons, boxes and cases of corrugated paper or paperboard
Folding cartons, boxes and cases of non-corrugated paper or paperboard
Self‐adhesive paper and paperboard
Woven ribbons of man‐made fibers
Boxes, cases, crates and similar articles for the conveyance or packing of goods, of plastics
Sacks and bags for the conveyance or packing of goods, of polymers of ethylene
Molded or pressed articles of paper pulp
In order to avoid increases in costs and delays in production, we are currently taking steps to help our clients explore domestic options for imported packaging.
WHAT’S THE ALTERNATIVE?
Specifically for paper shopping bags, we are fortunate to have direct access to many domestic options, including one of the most innovative manufacturers in the United States: American Paper Bag (APB). With faster production times and many more customization options and sizes than traditional domestic bags, the Pennsylvania-based factory has the capability of producing a wide range of designs in a shorter amount of time than imported bags.
APB’s production schedule is filling up fast, so we encourage you to contact us as soon as possible in order to minimize down time in your packaging supply chain.
Contact us today at email@example.com // 800.324.2247