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Chemical Industry Sees Threat to U.S. Jobs in China Trade Spat

  • Construction of 325 new manufacturing plants are at risk
  • Scheduling and delivery problems are already cropping up
Cheap Gas From Fracking Fuels Profits at LyondellBasell

Photographer: Aaron M. Sprecher/Bloomberg

Hundreds of thousands of jobs in the U.S. chemical industry are at risk as a new round of proposed tariffs against Chinese-made goods threatens to raise costs enough to change “the value proposition” of domestic manufacturing, a trade group warned Wednesday.

If President Donald Trump’s trade war continues to escalate with retaliatory measures from China, demand for American goods will plummet, prompting layoffs at plants and pushing some chemical makers to move production overseas, said Ed Brzytwa, director of international trade for the American Chemistry Council.