Episode 1330: Think Tank: Focus on markets, customers to survive trade war chaos
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Chemical companies need a razor-sharp focus on identifying and nurturing markets and customers as the trade war pulls apart decades of established ways of doing business. - Cheap material being offered to Europe from Asian countries outside China- We are witnessing the breakup of the post-World War 2 Western Alliance- CEOs now have 90-day window of opportunity for scenario planning - Uncertainty about tariffs makes it difficult to plan- Focus on locating markets and customers amid the chaos - Major economies threatened with recession- Asset bubbles may be deflating