In December 2022, the United States issued over 125 new restrictions largely aimed at protecting strategic technologies as well as targeting human rights violations. This uptick is not an anomaly but rather indicative of the new normal where industrial policy and geoeconomic statecraft are transforming globalization – and thus supply chains.
What does this all mean for supply chains? According to Taiwan Semiconductor Manufacturing Company Limited (TSMC) founder, Morris Chang, ‘globalization and free trade is almost dead.” While the verdict is still out, globalization is nevertheless under a significant transformation along geopolitical fault lines, with industrial policy a significant component of these transformations.
In this era of transformed globalization, who is sanctioning whom? Who are the largest targets? And in the United States, how has this changed over time? This webinar takes a deeper look into the data behind one of the most significant supply chain transformations of our time.
