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Considering the public comments, the specific direction of the President to increase
tariffs on medical gloves no less than 25 percent in 2026, and the advice of the Section 301
Committee, particularly agencies involved in U.S. medical preparedness, the U.S. Trade
Representative has determined to increase the rate of additional duties on medical gloves to
50 percent in 2025 and to 100 percent in 2026
From ustr website.
The USTR has decided to increase tariffs on medical face masks and surgical gloves to 50%, up from the proposed 25%. However, the implementation of of these tariffs will be postponed to facilitate the procurement of other suppliers. For China-imported syringes which were facing shortages during the COVID-19, the planned duty will see an immediate hike to 100% from the initially intended 50%.
Harta prospect is getting better …..
1. Glove demand is recovering
2. Utilisation rate is improving
3. ASP is going up and passing cost
4. Customer stockpiles are depleting
5. Customers are restocking already
6. Ramping up production
Possible good results in Q2 2025 & Q3 2025 because of demand recovery and once the delayed shipment is recognised