Trump's next supply chain target: big pharma

© Steve Allen

Another good article from Forbes on corporate America and how it may have to rethink its supply chains in the Trump era. It starts by looking at the pharma industry, which Mr Trump mentioned in his press conference yesterday. It notes how globalisation, while creating jobs for the world’s poorest, has created a feeling of injustice elsewhere – a trend which is “wrong-footing many businessmen”. It won’t be just manufacturing that feels Mr Trump’s wrath; the service sector is no doubt next. In fact, warns Forbes, “all US business would be prudent to review their own globalised footprint and prepare for a Trump tweet of their own”.