News / 'Fundamental remodelling of trade' in the US as globalisation fractures

© Iqoncept

Government and industry have found themselves at a crossroads in which the latter must choose resilience over short-term cost if supply chains are to continue functioning amid deteriorating geopolitical relations.

Dr Walter Kemmsies, shipping advisor for The Kemmsies Group, told The Loadstar that the US and European governments were pushing a fundamental remodelling of trade in response to fracturing globalisation.

“Look at what the US has been doing, and is continuing to do – it is ...