Vinyl Institute Supports End of US - UK Section 232 Steel and Aluminum Tariffs

WASHINGTON, Feb. 10, 2022 /PRNewswire-PRWeb/ -- The Vinyl Institute has joined a letter from the 174 trade association asking government leaders to replicate the successful U.S.-EU multi-sector statement for the industries in the U.S. and U.K. that have been negatively impacted by Section 232 steel and aluminum dispute. The letter also requests leaders issue a joint call to end the tariffs on all the unrelated sectors that have been caught up in the dispute.

"Open competition, including fair trade is important to the PVC industry," said Ned Monroe, President and CEO of the Vinyl Institute. "Last year PVC was unfortunately caught in a trade dispute between airline manufacturers which imposed tariffs on PVC imported into the United Kingdom. We make high quality PVC here in the US that is sold around the globe. And we need to ensure that markets remain open."

On January 19, the U.S. and U.K. issued a joint press statement announcing the start of bilateral discussions in the Section 232 steel and aluminum dispute, including the U.K.'s retaliatory tariffs on certain U.S. exports to the U.K.

About the Vinyl Institute:
The Vinyl Institute (VI), founded in 1982, is a U.S. trade association representing the leading manufacturers of vinyl, vinyl chloride monomer, vinyl additives, and modifiers. The VI works on behalf of its members to promote the benefits of the world's most versatile plastic, used to make everything from PVC piping to flooring, roofing and vinyl siding. The vinyl industry in the United States employs over 350,000 highly skilled employees at nearly 3,000 facilities and generates an economic value of $54 billion. For more information, visit vinylinfo.org.

Media Contact

Susan Wade, Vinyl Institute, 2022516432, [email protected]

SOURCE Vinyl Institute