Report: U.S. withdrawal from NAFTA would hurt chemicals exports

U.S. chemical exports could drop by roughly 45 percent if the U.S. pulls out of NAFTA, leading to price increases for American consumers and an opportunity for China to supply chemicals to Mexico and Canada instead, the American Chemistry Council says in a new report . The report, released on Feb. 28, says NAFTA has allowed U.S. chemical exports to flourish. They are projected to reach $59 billion by 2025, it states. However, a withdrawal would have “virtually the opposite...