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Challenges and Strategies in the Global Supply Chain
The chapter explores the impact of supply chain issues on consumers, with companies using tactics like price hikes and excuses to capitalize on the situation. It delves into concerns about market dominance, engineered scarcity, national security, economic competition with China, and the complexities of balancing national interests with economic imperatives. The conversation also highlights shifts in manufacturing and strategies adopted by companies like John Deere and Walmart to address supply chain disruptions.