• Episode 1273: Think Tank: Trump trade war will drive end of globalisation

  • Nov 15 2024
  • Length: 24 mins
  • Podcast

Episode 1273: Think Tank: Trump trade war will drive end of globalisation

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  • Summary

  • Donald Trump’s proposed tariff hikes on major trading partners could spark a trade war which will drive the end of a globalised chemicals economy plus more local and circular supply chains.

    - US-China trade war would drag on economic growth

    - World may return to more national and intra-regional trade

    - Trump could help drive the end of deglobalization

    - Development of more local, circular chemical supply chains

    - Chemicals Q3 financial results show some volume growth

    - But industry still in the bottom of a trough

    - Lack of growth from automotive, construction

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