PODCAST: US-China tariff pause creates breathing space for chemicals

BARCELONA (ICIS)–The agreement to pause steep tariffs between the US and China for 90 days allows normal business to resume, but chemicals CEOs still need to plan for structural changes to global trade.

• US-China tariff pause allows trade to resume between nations
• Will benefit chemical companies around the world
• But business leaders still need to plan for a more protectionist world
• Trade resumption could see huge spike in demand, snarling up logistics
• SABIC reportedly appoints banks to prepare for sale of European assets
• Sale could make strategic sense from a cost perspective
• But sale would reduce footprint in the EU with its 450 million citizens
• Upgrade and restart of SABIC’s Wilton cracker reportedly delayed

In this Think Tank podcast, Will Beacham interviews ICIS insight editor Tom Brown.

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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