Tariff Deadline of July 9 Looms
July 9th is the “self imposed” deadline for President Trump to make final decisions surrounding the IEEPA baseline and reciprocal tariff levels. In addition, the August 12th deadline on reduced China tariffs remains on the horizon. Many eyes will be on headlines and news surrounding tariffs and trade in Q3 as companies work to plan […]
June Oil Price Whiplash
Crude Oil prices fluctuated as much as $15/bbl throughout the month of June, highlighted by the conflict in Iran, headlines surrounding OPEC and the US’ strategic reserves. As a driver of the cost of raw materials, goods, and overall demand for many chemistries, the ongoing global headlines and oil price levels will remain in focus […]
Tariff Legality, Negotiations Front of Mind
Now overshadowed by questions of the legality of Trum’s sweeping tariffs, early trade deals have begun flowing out of the White House in recent weeks, including announcements with the UK and China, as the world works to understand what President Trump is seeking as a part of these negotiations. Notably, some level of tariffs have […]
German Chemical Industry Rebounds
First quarter results for the German chemicals sector were positive, along with a mostly bullish outlook on the remainder of the year, with general demand and tariff impacts an ongoing consideration. Regardless, the positive turn on the start of the year is a welcomed change from a lull in recent years. For more: https://finance.yahoo.com/news/german-chemical-industry-picks-long-125430972.html
Import Vessel Space Demand Surges
Demand for vessel space on China to US lanes surged nearly 300% following a 90-day tariff pause as the US negotiates with China. Expect delayed shipments and rolled bookings as we come into summertime. For more: https://www.reuters.com/world/china/china-us-ocean-cargo-bookings-surge-after-tariff-pause-vizion-says-2025-05-14/
