Education ranked fifth among all U.S. services exports in 2018. But now travel restrictions due to COVID-19 leaves international students questioning whether to pursue studies abroad or rely on virtual education.
“Techno-nationalist” trade policies are reshaping global supply chains in the semiconductor industry. The tech war over Huawei and 5G is growing.
Blacklisting is being increasingly deployed in the battle over tech trade. The U.S. is controlling the export of commercial technologies to China in the name of national security.
More Americans say they won’t purchase U.S. imports from China. China is no longer America’s top source of imports. But are we really willing to pay more?
U.S. pig farmers want to help the world bring home the (American) bacon through exports. But the pork industry faces volatile markets and supply chain disruptions due to COVID-19 and African Swine Fever overseas.
During the pandemic, government and industry should use data to prevent illicit medical products or counterfeit goods, starting in the country of origin.
The Kearney Reshoring Index shows if trade tension with China and COVID-19 pushes American companies to bring manufacturing “back” to the United States.
COVID-19 will have an enduring impact on trade. Rising nationalism and a push to diversify supply chains are moving countries away from reliance on China toward regional trade agreements for global trade security.
It is still too early to know the impact of COVID-19 and the trade war on the global supply chain. But did trade policies already induce nearshoring?
With the right set of digital trade and e-commerce policies, governments can help more small businesses move online and support a new era of global digital entrepreneurs.