Market Flash

As global markets tremble under the weight of escalating U.S. tariffs, China’s chemical giants are pushing back with bold financial moves. April 7 marked a “Black Monday” for Chinese equities, with A-shares experiencing a significant dip.

WACKER Chemie AG is set to implement a price increase of up to 5% on its emulsion and redispersible polymer powder products produced in Europe and the United States, effective May 1, 2025, or sooner if current customer agreements allow.

On April 3, 2025, Brazil’s Foreign Trade Secretariat under the Ministry of Development, Industry, Trade and Services released Preliminary Determination No. 23/2025, confirming preliminary evidence of dumping concerning galvanized and aluminized flat steel

On April 7, NHU (Xinhua Pharmaceutical) announced that its core vitamin and coenzyme Q10 product lines are included in the latest U.S. tariff exemption list, shielding a major portion of its exports from new duties.

China’s Ministry of Industry and Information Technology (MIIT) has unveiled its 2025 industrial standards roadmap, signaling a powerful push to modernize the nation’s industrial foundation.

On April 7, 2025, Malaysian specialty chemicals producer SumiSaujana Group announced a major step in its green transformation journey, just weeks before its upcoming listing on Bursa Malaysia’s ACE Market.

On April 7, U.S. Health and Human Services Secretary Robert F. Kennedy Jr. made a bold announcement in Salt Lake City, declaring he will direct the CDC to stop recommending fluoride in public drinking water nationwide.

Indian pharmaceutical stocks faced a significant 1.7% drop on Wednesday, following U.S. President Donald Trump’s announcement of plans to impose a "major" tariff on all pharmaceutical imports.

On Tuesday, President Donald Trump announced plans for a major tariff on pharmaceutical imports, a move aimed at encouraging drug companies to shift operations to the U.S.

The Uttar Pradesh government has introduced its first-ever standard operating procedure (SOP) for the pharmaceutical sector, aiming to strengthen drug manufacturing and clinical research.

In a major decision, Argentina has ended its five-year-long anti-dumping measures on denim products originating from China.

In a stunning escalation of trade tensions, President Donald Trump announced on April 8 that the U.S. will impose a 104% comprehensive tariff on all Chinese imports, effective April 9.

At the 2025 Show Safra in Mato Grosso, Brazil, Sumitomo Chemical unveiled a robust portfolio of innovative agricultural products aimed at addressing modern growers’ challenges while advancing sustainable farming practices.

Viatris has agreed to pay up to $335 million over a nine-year period as part of a nationwide settlement addressing claims from U.S. state and local governments regarding the company’s alleged role in the opioid crisis.

In a decisive step that could reshape global supply chains, China has imposed export controls on seven key medium-to-heavy rare earth elements as of April 4, according to a joint announcement by the Ministry of Commerce and the General Administration of C

Canada has declared a sweeping move to regulate over 160 PFAS chemicals, solidifying its stance as one of the first countries to treat these substances as a single hazardous category.

The European Union will launch retaliatory tariffs against the US in two stages, starting April 15 and continuing with a second round on May 15, according to EU Trade Commissioner Maroš Šefčovič.

The Indian government on April 7 announced an increase of Rs 2 per litre in the Special Additional Excise Duty (SAED) on both petrol and diesel.

• India
• Petrol
• Diesel
• Excise duty

The recent announcement by the US government to impose "reciprocal tariffs" has raised concerns about the competitiveness of China’s raw material drug exports.

On April 7, 2025, the U.S. Environmental Protection Agency (EPA) officially issued rule 2025-05912, setting revised residue limits for Tiafenacil, a herbicide used in various agricultural applications.