Bold Names This CEO Says Global Trade Is Broken. What Comes Next?
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May 23, 2025 
Evan Smith, co-founder and CEO of Altana, offers a unique perspective on the unraveling of globalization and its effects on supply chains. He discusses how President Trump’s tariffs have created chaos in global trade, forcing companies to rethink their processes. Smith raises concerns about a shift away from free trade ideals towards a new geopolitical landscape, emphasizing the need for trusted networks and cooperation. He highlights the growing influence of nations like China and Russia, and Mexico's strategic role in emerging supply chains.
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Globalization Has Broken
- Globalization has broken due to geopolitical tensions and economic shifts.
- Supply chains are now disrupted by strategic rivalries and financialization pressures.
Cold War Rivalry Shapes Global Trade
- We are in a new Cold War with economic blocks forming.
- Competition spans supply chains, cyberspace, and military readiness, especially over Taiwan.
China's Critical Mineral Monopoly
- China holds monopoly positions in critical minerals essential for technology and defense.
- This gives China leverage to disrupt industries by controlling supply chains.