SOCMA Testifies Before USTR on Proposed China Tariffs and Impact to Specialty Chemical Industry

If the proposed Section 301 China tariffs are implemented or uncertainty continues, there will be less demand for U.S.-made chemicals. Thus, the Society of Chemical Manufacturers & Affiliates (SOCMA) today asked the Administration to work with industry and World Trade Organization (WTO) trading partners to coordinate non-tariff strategies to address China’s intellectual property (IP) theft, forced technology transfers, and industrial policies that restrict U.S. commerce.