American Trade: Friendshoring, Nearshoring, Onshoring
The American trade scene and supply chains, in particular, were rocked by the intrusion of The Great Pandemic, the War in Ukraine, the future War in Taiwan, worldwide political upheaval, and an increasingly prudent and muscular trade nationalism.
Two of those things — The Great Pandemic and the Ukraine War — were unwelcome surprises.
OK, maybe “muscular trade nationalism” is a little strong, but you get the drift.
What does American trade look like, Big Red Car?
Here is what American trade looks like today (click on it to make it readable):
