International Trade

Blockage of the Suez Canal in 2021 by the merchant vessel Ever Given was a physical reminder of the vulnerability of global trade and how easily it can be disrupted. Beyond failures of physical infrastructure sit largely invisible threats to the administration of global supply chains.

(Bloomberg) -- Surging prices of the raw materials needed for your refrigerators, automobiles, window frames and plumbing show no signs of abating as America’s supply-chain crisis spills into another year.

China criticized U.S. President Joe Biden’s decision to extend tariffs on imported solar equipment, saying the act will “distort” international trades of the renewable energy product.