US Trade Rep Katherine Tai Describes the New Era of Globalization
Odd Lots
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Diversify to Defend: Strength in Supply Chains
The economic landscape demands diversification of supply chains to enhance resilience against coercive market practices. By coordinating economic defenses with partners, especially within North America, countries can better insulate themselves from the adverse effects of market dominance and unfair competitive practices. Individual defensive measures, such as tariffs, should be part of a broader strategy that involves collaboration to mitigate the impact of unregulated production excesses from non-market economies.
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