INSIGHT: US-China tariff escalation threatens H2 earnings recovery

摘要

NEW YORK (ICIS)--The US-China trade war escalation with both parties ramping up tariffs threatens to dampen or kill the second-half earnings recovery many chemical companies and analysts had been expecting. Following a devastating December 2018 when orders, especially from China, simply stopped, Q1 2019 was expectedly weak as destocking continued to run its course.