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Navigating the Shifting Global Trade Landscape: Re-Globalization and Resilience

Photo: iStock / libre de droit

With the proposed policies of the new U.S. administration bound to reshape global trade, we’re witnessing the “great unwinding” of the interconnected global system.

Recent changes in trade policy and tariffs have disrupted supply chains, forcing businesses to rethink how they source, produce and deliver goods. This transformation, which can be referred to as re-globalization, is fundamentally altering the fabric of global trade.

Re-globalization represents more than a response to short-term disruptions. It’s a profound re-evaluation of trade and investment patterns, driven by two emerging priorities: geographical proximity, or nearshoring, and geopolitical stability, often referred to as friendshoring. These strategies aim to reduce dependency on distant or politically unstable regions and create supply chains that are resilient, sustainable and adaptable to future shocks.

While some view these changes as a challenge, they present an unprecedented opportunity for businesses to innovate, optimize their supply chains, and secure long-term competitive advantage.

Trade Policy Shifts

The changes we’re witnessing aren’t temporary. Tariffs and other trade measures reflect broader geopolitical realignments that are unlikely to be reversed in the future. The increased costs associated with imported goods will likely persist, and businesses that rely heavily on f…

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