US Tariffs Shifting World Trade Paradigms - Chemical Market Analytics By OPIS, a Dow Jones Company
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US Tariffs Shifting World Trade Paradigms - Chemical Market Analytics By OPIS, a Dow Jones Company
Trade has become increasingly politicized, with a rise in bilateral agreements and friendshoring replacing multilateral schemes, intensifying a deglobalization trend that is risking today’s economic status quo and is set to reshape chemical supply chains longer term. In the short term, US tariffs are poised to disrupt global trade, drive up costs, and intensify supply chain pressures across the chemical industry. With sectoral blanket tariffs as…
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