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European Chemical Industry Hampered by Us Tariffs and Cheap Asian Competition
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The European chemical industry faces a new challenge as US tariffs hamper global trade and threaten the sector's recovery from the recent energy crisis.
European chemical producers are facing new challenges as U.S. tariffs disrupt global trade, forcing customers to postpone orders and reducing demand in a sector struggling to recover from an energy crisis in 2022. Reuters reports. The European Union's fourth-largest export sector after machinery, cars and pharmaceuticals has struggled in recent years with high energy costs after gas and electricity prices rose in response to Russia's invasion of…
·Bratislava Region, Slovakia
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