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Supply chains need to be more resilient, and that probably means making them more global rather than less. A pandemic could originate in any country. Making th
by twblalock 7y ago
Supply chains need to be more resilient, and that probably means making them more global rather than less.
A pandemic could originate in any country. Making things "at home" would turn out to be a bad idea if the pandemic originates at home. If that happened we would like to be able to get help from other countries.
- jshevek 7y agoDe-globalization, in this case, brings redundancy. This is less efficient, but more fault tolerant. Striving for domestic manufacturing does not prevent imports from occurring if deemed necessary. Tariffs are easy to wave, in an emergency.