Three major events defined the state and outlook for global trade policy in November. The U.S. elections herald a shift in trade policy from bilateral, tariff-led policy-making under President Trump to a multilateral approach under President-elect Biden. The two have plenty in common though when it comes to building domestic medical supply chains and being tough on China. The latter will also go through a trade policy evolution following the launch of the 14th Five Year Plan which has come into focus during the month and will include “self-developed, controllable supply chains” according...
Supply Chain Research
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