Urges trade policies that strengthen U.S. manufacturing
PLASTICS President and CEO Matt Seaholm issued the following statement regarding the Trump Administration’s new tariffs on Canada, Mexico, and China:
“The plastics industry recognizes the importance of securing our borders and combating illegal drug trafficking to protect American communities. A strong and secure nation is fundamental to economic growth and industrial stability.
“PLASTICS is concerned about the new tariffs and their impact on U.S. plastics manufacturing and jobs. While we understand President Trump’s rationale, a blanket tariff policy could have significant economic consequences, disrupting the movement of essential machines, products, and materials that keep American manufacturers running. A competitive industry requires policies that protect high-quality jobs and ensure stable supply chains across healthcare, consumer products, and automotive sectors. A strategic, measured approach to trade is critical to strengthening—not inadvertently harming—U.S. industry.
“The plastics industry is a cornerstone of American manufacturing and daily life. We look forward to working with policymakers on balanced trade policies that enhance U.S. competitiveness, reinforce supply chains, and drive continued innovation,” Seaholm concluded.
In 2023, U.S. plastics exports totaled $74.2 billion, exceeding imports of $73.3 billion, resulting in a $958 million trade surplus. This strength underscores the industry’s global leadership; however, new tariffs on key trading partners threaten supply chains, increase costs, and risk eroding this advantage. To sustain growth and innovation, trade policies must bolster—not hinder—U.S. plastics manufacturing and economic leadership.
