PLASTICS Economic Analysis: Tariffs, Inflation, And Plastics

WASHINGTON, D.C. — July 23, 2025 — The Plastics Industry Association (PLASTICS) Chief Economist, Dr. Perc Pineda, has released a new economic analysis examining the impact of shifting global trade dynamics. As ongoing trade negotiations continue to create uncertainty, Dr. Pineda’s report explores how global trade policies are influencing consumer prices and the potential implications for the U.S. plastics industry and the broader manufacturing sector.

Perc Pineda, Chief Economist, PLASTICS

“The analysis underscores the complexity of how tariffs influence inflation, highlighting that their effects are neither immediate nor uniform across sectors,” Dr. Pineda writes. “While some categories show modest price increases, others remain stable or even decline, reflecting the interplay of supply chain structures, demand conditions, and strategic business responses. In industries like plastics, where domestic production capacity exists, price pressures have remained contained despite evolving trade policies. Ultimately, the inflationary impact of tariffs depends less on their nominal rate and more on how businesses choose to absorb, pass on, or strategically manage those costs in a competitive market environment.”

Read the full analysis on the PLASTICS blog: https://www.plasticsindustry.org/blog/tariffs-inflation-and-plastics-untangling-the-price-effects/

Posted: July 24, 2025

Source: The Plastics Industry Association (PLASTICS)

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