Issues in Global Business is a single-volume reference that offers relevant perspectives and explains impacts of current events such as COVID-19, Brexit, and immigration across industries and regions. Topics covered include the on-demand economy, global manufacturing, Bitcoin, data security, and more. Coupled with a comprehensive overview of the business landscape around the world by Dr. Mamoun Benmamoun, an assistant professor at the Boeing Institute of International Business at Saint Louis University, this book provides students with the essential information they need to assess business practices through an international lens.
Chapter 15: Supply Chains and Protectionism: Will tariffs shrink global production networks?
Supply Chains and Protectionism: Will tariffs shrink global production networks?
From SAGE Business Researcher, June 25, 2018
Global supply chains arose and flourished in an era of falling tariffs—an era that may now be coming to an end amid an upsurge in protectionism. President Trump and other political leaders’ plans to boost tariffs or overhaul free-trade agreements could increase costs and pose new risks for multinational companies that have built extensive worldwide networks of subsidiaries and supplier partnerships. However, experience suggests that in most economic sectors, supply chains do not need to change substantially in the face of protectionism. Small adjustments should be enough to allow most companies to ...