3min chapter

Trumponomics cover image

The High Cost of Eating Is Crushing Europe

Trumponomics

CHAPTER

The Importance of Flexibility in the Supply Chain

I think the market actually has responded pretty well, particularly bulk trade. Countries were able to source alternative sources for their products. There wasn't a case where we just ran out of wheat. I'm not sure that you necessarily would diversify just for the sake of diversification. It's a strategy and it's much like an insurance product. You have to look at what the cost of diversification is.

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