Chemical industry NAFTA platform: Maintaining duty-free status the top priority

The American Chemistry Council, representing U.S. chemical manufacturers, has issued a wish list for NAFTA reforms that leads with a recommendation to keep a key component of the current deal – duty-free status for all qualified chemical products. With more than half the three-country trade in chemicals now intra-company, the ACC says, “imposing trade barriers in chemicals within NAFTA would be like putting a tollbooth in the middle of a factory.” Besides recommending maintaining duty-free chemicals trade, the ACC singles...