Episode 1297: Think Tank: Trump 2.0 trade war will destabilise chemical value chains, boost reshoring
As US president Donald Trump revives his trade war, business leaders may seek certainty by switch...
ICIS - chemical podcasts · ICIS - chemical podcasts
Audio is streamed directly from the publisher (icisnews-europe.podomatic.com) as published in their RSS feed. Play Podcasts does not host this file. Rights-holders can request removal through the copyright & takedown page.
Show Notes
As US president Donald Trump revives his trade war, business leaders may seek certainty by switching to local and regional supply chains.
- Businesses need stability, certainty to make investment decisions
- Trade war could drive more national/regional industrial and chemical supply chains
- But reshoring can be very expensive and time-consuming
- New technologies such as 3-D printing and AI support local production
- Export-dependent US chemicals have a lot to lose from a trade war
- US exported more than 10 million tonnes of polyethylene (PE) to Europe in 2023