Exxon is considering the sale of chemical production facilities in Europe, after the European Union sealed a controversial tariff deal with President Trump that will increase the burden on businesses operating in Europe. Intense competition from China is another reason for the move, the Financial Times reported, citing sources in the know. The sources said the facilities considered for sale are located in Belgium and the UK. The publication noted that other chemical producers have also started to pull out of Europe amid the worsening business environment.…
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