New research reveals that trade policies like Friendshoring and Country Plus One are reshaping global supply chains by increasing network complexity and transaction costs, contrary to initial expectations. This matters because it highlights how political decisions can unexpectedly impact economic resilience and international trade structures, particularly in critical sectors like electric vehicles. Developers and tech professionals should monitor how these policy shifts affect specific industries differently, such as the mining sector experiencing less disruption under Country Plus One compared to Friendshoring.
Read the full article at arXiv cs.LG (ML)
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