PODCAST: Trump trade war will drive end of globalisation for chemicals
Will Beacham
15-Nov-2024
BARCELONA (ICIS)–Donald Trump’s proposed tariff hikes on major trading partners could spark a trade war which will drive the end of a globalized economy plus more local and circular chemical supply chains.
- US-China trade war would drag on economic growth
- World may return to more national and intra-regional trade in chemicals
- Trump could help drive the end of deglobalization
- Development of more local, circular supply chains
- Chemicals Q3 financial results show some volume growth
- But industry still at the bottom of a trough
- Lack of growth from automotive, construction
In this Think Tank podcast, Will Beacham interviews ICIS market development executive Nigel Davis and Paul Hodges, chairman of New Normal Consulting.
Editor’s note: This podcast is an opinion piece. The views expressed are those of the presenter and interviewees, and do not necessarily represent those of ICIS.
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