AYABONGA CAWE: Where will weaponised supply chains take us?
Chronic oversupply in key product markets is making episodic trade fallouts inevitable
29 April 2025 - 05:00
Beijing’s retaliatory response to US president Donald Trump’s “Liberation Day” tariffs on Chinese imports, and further export controls by both sides, paint ominous strokes on what might soon be the bloody canvas that is the global trading system.
While the dilemma may seem to flow from the unilateral actions of the US, it is the chronic oversupply in key product markets that makes episodic trade fallouts inevitable. The Americans have suggested that their national security concerns arise from product-level practices foreign producers engage in. ..
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