Global trade instability stems from tariffs, port congestion, and raw material costs. Sanctions on Russia, Iran, and Venezuela drove up polypropylene prices. Labor disruptions and financial instability ripple through supply chains.
I volunteer. Sure. All right, go. Thanks. So I think it's important to talk about root causes. What causes this permanent instability? You can't blame Donald Trump. He's just one of many factors or causes of what— why we have such instability in global trade. So of course, you have tariffs, part of government policy. You have logistics, whether it's the Suez Canal or other bottlenecks at ports. You have costing, raw material costs from, for example, oil derivative polypropylene, one of our key raw materials, due to sanctions and other political, geopolitical issues involving Russia, Iran, Venezuela. You have labor disruption, and you have financial instability either upstream or downstream.
