Tag Archives | middle-income trap

US Risks Losing Access To 82% Of Global PE Consumption Growth, 80% Of Exports

By John Richardson

PERHAPS this week’s low-level trade talks between the US and China shouldn’t only be judged on the basis that they are low level, involving officials of mid-level seniority who are therefore not empowered to achieve major breakthroughs.…

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US PE Exports: Impact Of China Tariffs On Smaller Markets

By John Richardson

LET US assume for downside planning purposes that the Chinese 25% tariffs against all US high-density polyethylene (HDPE) exports and 93% of US linear-low density (LLDPE) imports remain in place for the rest of this year and …

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China tariffs: Quantifying The Impact On US Petchems And Energy

By John Richardson

PRESIDENT Trump believes he is winning the trade war with China because of the much greater strength of US stock markets versus their Chinese counterparts. At the start of last week, for example, the two major Chinese …

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China 25% Tariffs On US PE Imports Extended To All HDPE, Nearly All LLDPE

By John Richardson

CHINA has extended its 25% import tariffs on US polyethylene (PE) to include all grades of high-density polyethylene (HDPE) that it imported in 2017 and 93% of the grades of linear-low density PE (LLDPE) that it imported …

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China’s Latest Threat Of US Methanol Tariff Perfectly Targeted

By John Richardson

CHINA crunches exactly the same data as the rest of us, as I warned on Friday when discussing polyethylene (PE). China’s government is very aware of the dominant role China plays in global energy, petrochemicals and polymers …

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Polyethylene: Damage From Trade War Should Not Be Underestimated

By John Richardson

THE argument that the US-China trade war will have a minimal impact on the global polyethylene (PE) business is based on two assumptions, both of which I will argue could easily prove to be wrong.

Firstly, some …

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China Debt Squeeze, Trade War, Dollar Strength Pose Major Risks

By John Richardson

IT DIDN’T matter if there was any truth behind the stories people used to tell each other about the Chinese economy as it underwent an unprecedented period of growth in 2009-2014. All that mattered was that a …

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US-China Trade War To Accelerate As Restrictions On US Petchem Exports Increase

By John Richardson

TAKE a broader view of US-China trading relationship and the picture looks very different from the straightforward, headline big US deficit, as James Kynge points out in this important article in the FT.

It is the presence …

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US-China Trade War Heavily Focused On Energy, Petchems

By John Richardson

Normally, the blog only publishes on Mondays, Wednesdays and Fridays, but this week is an exceptional week because of the unfolding US-China trade war. So today I publish a post with more to follow tomorrow.

YESTERDAY it …

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China Holds Most Of The Good Cards In Trade War With US

By John Richardson

THE BREAKOUT of formal trade hostilities between China and the US, after more than a year of a “war of words” between the two countries, has occurred shortly after the EU responded to the US aluminium and …

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