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A Voice Of Liberty
 1y ago
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The #US and #China have called a truce in their #trade war, but have they done so in time for both sides to avoid losing? With permanent shifts in global supply chains emerging in the aftermath, the answer is very likely "No." https://www.scmp.com/comment/opinion/article/3042882/us-china-trade-truce-too-late-undo-damage-supply-chain-fallout-and #news #economy

US-China trade truce too late to undo damage from supply chain fallout

After 18 months of trade tension, much of the damage may be irreversible, such as the localisation of supply chains, US manufacturing job losses, China’s spurred investment in leading technologies, and broken global alliances.

scmp.com

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