The recent changes in the U.S. economy and tariff impacts have created uncertainty in commodity markets for aluminum, plastics, and fiber. Experts from a Supply Chain Dive event noted that while the plastics industry has a relatively low trade exposure, the U.S. still imports 70% of its machinery for plastic production. In the aluminum and steel sectors, increased tariffs have raised costs and may lead to higher prices for canned goods. Meanwhile, broader economic trends are influencing fiber trade more than tariffs, with the U.S. focusing on domestic investments to manage shifts in global trade.
Source: https://www.supplychaindive.com/news/commodity-markets-tariff-impacts-fiber-plastic-aluminum/754102/