Disputes Will Disrupt Global Trade and Supply Chains

  • First, information and data supply chains are non-physical and typically traverse national borders.
  • Second, conventional supply chains used to move physical goods can’t function effectively or efficiently without tightly integrated information and data supply chain infrastructure.
  • The production of the most valuable physical goods that people consume today relies on complex supply chains that source raw materials in certain parts of the world. Then manufacturing into finished goods, or parts, occurs in other parts of the world. Finally, the goods are shipped to consumers for final consumption in yet other parts of the world.
  • United States GDP would fall by 0.79%, a reduction of $196.77 billion, over the long run.
  • Wages would fall by 0.51%.
  • Employment would fall by the equivalent of 609,644 full-time jobs.

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Brian Laung Aoaeh, CFA

Brian Laung Aoaeh, CFA

Early-stage VC — Supply Chain Tech. REFASHIOND. #TWSCF. NYUTandon. FreightWaves. | I’m not afraid to be different. Blog @ www.innovationfootprints.com.