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Packaging costs are about to explode! Ep 154

Packaging costs are about to explode! Ep 154

FromPackaging Unboxd with Evelio Mattos


Packaging costs are about to explode! Ep 154

FromPackaging Unboxd with Evelio Mattos

ratings:
Length:
9 minutes
Released:
Nov 29, 2023
Format:
Podcast episode

Description

If you haven't heard about Antidumping and countervailing duties for paper bags in the USA, you're in for a shock. There are proposed tariffs of up to 324% meaning this is on top of already existing 25% tariffs on imports from China, and on top of the costs of your bags.

Learn more about these upcoming antidumping duties here : https://www.trade.gov/commerce-initiates-ad-cvd-investigations-certain-paper-shopping-bags-cambodia-china-colombia-india#:~:text=On%20June%2021%2C%202023%20%2C%20the,Republic%20of%20Turkey%20(Turkey)%2C

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The impact of anti-dumping and countervailing duties on paper bags imported into the US. Evelio explains that certain countries may be providing subsidies for paper bags, making it difficult for US brands to compete. The investigation aims to determine the subsidy rates for different countries and factories. The host emphasizes the importance of understanding these duties and their potential impact on businesses and consumers.
Key Takeaways:

Anti-dumping and countervailing duties are being imposed on paper bags imported into the US.
Countries like Cambodia, China, Colombia, India, Malaysia, Portugal, Taiwan, Turkey, and Vietnam may face tariffs on paper bags.
The preliminary determination has been made, and the final determination will be issued in March 2024.
Brands need to be aware of the potential increase in costs and the need to pass them on to consumers.
Importers may be fined for paper bags already shipped and received.


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Send in a voice message: https://podcasters.spotify.com/pod/show/packagingunboxd/message
Released:
Nov 29, 2023
Format:
Podcast episode

Titles in the series (100)

Packaging Unboxd reveals everything you need to know about packaging from industry experts. Design, engineering, materials, manufacturing, and how to save the planet with sustainable packaging. Gain insight into the packaging industry from global experts in topics that range from concept development of packaging to material selection and recycling. Learn the trade tricks from experts that live and breathe packaging every day and level-up your own packaging game. The Packaging Unboxd podcast, by Evelio Mattos, Creative Director of Packaging Design Previously Package Design Unboxd