US President Joe Biden unveils his administration’s plans to increase domestic production of semiconductors and rebuild US supply chains, at a White House event on January 21. Photo: AFP via Getty Images/TNS
Opinion
Opinion
Macroscope
Today’s US-China trade and tech decoupling make Trump’s tariff war look tame
- Decoupling policies are playing havoc with global supply chains, fuelling inflation and creating impossible hurdles for businesses
- Worse still, heightened protectionism has led to the formation of new defence alliances, pushing China ever closer to Russia
US President Joe Biden unveils his administration’s plans to increase domestic production of semiconductors and rebuild US supply chains, at a White House event on January 21. Photo: AFP via Getty Images/TNS
