Accessible version Chemicals Weekly: New 301 Tariffs, Petchem Sentiment Update, Fertilizer Dynamics Industry Overview New 301 Tariffs Reduce Chemical Exemptions The new Section 301 tariff framework expands the number of plastics and chemicals subject to U.S. import duties by offering fewer broad exemptions than prior tariff regimes. As a result, most plastics and chemical products are now subject to the new 10% and 12.5% tariffs unless they qualify for a specific exclusion category. The administration state ...