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The end of global supply chains as we know them?
投稿日 2019年10月14日 20:18:23 (newspaper)Source: East Asia Forum
Author: Davin Chor, Dartmouth College
‘It’s the end of the world as we know it’. So rings the lyrics of a classic song from the mid-1980s by the rock band R.E.M. These words aptly capture the foreboding sentiment gripping manufacturing companies that rely on global supply chains as they scramble to cope with the fallout from the ongoing tariff war between the United States and China.
Prior to 2016, the world was accustomed to low barriers to trade. Tariffs on manufactured goods — including parts and components or goods-in-pr
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