The Institute of Scrap Recycling Industries (ISRI), has released the following statement in response to China's announcement that it will impose a retaliatory tariff on the import of all scrap commodities from the U.S.: "ISRI is already hearing from contacts in China that the announcement has caused consternation among Chinese consumers of U.S. scrap commodities. Although these tariffs will not be levied on imports from other countries, it is our understanding that other regions may not be able to fulfill all of China's demand. This is in line with other reports that the trade war has had an impact on the Chinese economy across many sectors.
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