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, demand for materials with sourcing options including the US, EU and other regions, as well as overall trends on inflation and consumer demand.
The EU set up the Critical Chemical Alliance in July to help secure critical raw material supply chains, as Europe battles with tariff levels, low utilization of EU capacities, disadvantaged energy costs and slow overall demand.
Regardless of tariffs, the EU remains one of, if not the most critical trading partner with the US, and the weeks and months to come will dictate how settled tariffs will impact the relationship.
To read more: https://www.reuters.com/sustainability/boards-policy-regulation/eu-set-up-critical-chemical-alliance-secure-supply-chains-2025-07-08/?utm_source=chatgpt.com
