Disaster fallout: How global shocks are reshaping trade


Pandemic, hurricanes, wildfires, social upheaval, geopolitical and financial crises, swarming locusts, an exploding port … 2020 has been a biblically ominous year. And it’s only September.

U.S. importers are realizing that supply chains must change. They must have more resiliency. Because this year is almost certainly not a one-off. As the philosopher Jacques Derrida put it, “The end approaches, but the apocalypse is long-lived.”

The effect of trade shocks is the focus of a new report by the...


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