EU Tariff Agreement Exceeds Expectations
Understanding the nuances of the US-EU trade agreement—especially the recently established 15% tariff threshold—can help importers make informed decisions and effectively manage costs on new shipments. At The Chemical Company, we have worked collaboratively with both our internal and external partners in customer service, regulatory affairs, and customs to clarify the impact of the updated […]
Seasonal Products In Scope
As summer is in full-swing, planners and purchasing managers slowly start to turn their attention to fall and winter bids, requirements and budgets. The effects of historically low crop prices on fertilizer production, and the severity (or lack thereof) of this year’s winter and requirements for antifreeze and windshield wash are two key sectors TCC […]
Economic Results & Outlook
The US economy, as dictated by quarterly GDP, rebounded by 3.0% for Q2, after a slight contraction in Q1. Inflation rose slightly in the past month, depending on which analysis is reviewed, as many eyes remain on the Fed and their rate decisions as well as the impact of tariffs on consumer spending and outlook. […]
US & EU Negotiations Impact Business Outlook
Recent negotiations on tariffs and trade have impacted the outlook of the entire economies of both the US & Europe, with specific implications on the chemicals sectors. As a 15% tariff seems to be the settled amount on most materials from Europe into the US, the market waits to see how that will affect pricing, […]
Monitoring Fed Decisions and Rate Impacts
As the administration and Fed Chairman Powell continue their public disputes, many continue to monitor what the Fed has in store for interest rate decisions in the second half of the year. A core driver in consumer spending, including mortgage rates and home-buying trends, consumer demand could be driven by what the Fed decides in […]
