About the Book
Published Date: August 2024
This white paper explores the intensifying trade tensions between the United States and China, their profound impact on global supply chains, and strategies for businesses and policymakers to adapt. The escalating rivalry has led to heightened sanctions, export controls, and tariffs, disrupting industries such as technology, agriculture, and manufacturing. For instance, U.S. export restrictions on semiconductors and China’s retaliatory rare earth mineral export bans have forced companies to diversify suppliers and reassess production locations.
The paper provides actionable recommendations, including leveraging digital technologies for supply chain visibility, exploring alternative markets like Vietnam and India, and engaging in risk management planning. For policymakers, the focus is on balancing security concerns with economic interests through multilateral engagement and industry support. The analysis underscores the critical need for proactive adaptation to navigate this uncertain trade landscape and ensure supply chain resilience.
