Europe top stories: weekly summary

LONDON (ICIS)–Here are some of the top stories from ICIS Europe for the week ended 11 April.

 Europe chems stocks tumble as market tariff panic grows
European chemical company stocks sank dramatically on Monday amid the third consecutive business day of sell-offs resulting in double-digit percentage point drops for some Asia exchanges and sharp losses in Europe.

Europe chemical shares rebound as markets adjust to US tariffs
European chemical company stocks ticked up in the morning of 8 April, as markets recovered from the impact of blanket import tariffs imposed by US President Trump.

INSIGHT: EU auto industry chemical demand under pressure as US tariffs put Europe’s top car export market at risk
Tariff wars are always double-edged swords for core industries like petrochemicals.  Import levies can disrupt not only chemical trade flows, but also dampen downstream demand from key export-driven sectors, such as automotive.

Europe chemical stocks recoup losses as EU pauses 90-day tariffs
European chemicals stocks swung back into the black on Thursday morning after Europe said it will put a 90-day pause on any new US tariffs.

INSIGHT: China’s growing chemicals export capacity could yet find destinations despite trade war with the US
The latest moves in the developing tariff war between the US and China, with both countries dramatically hiking rates over the last few days, has pushed global trade into new and even more uncertain territory.