Could Deglobalisation Disrupt U.S. Supply Chains?
Lawrence Orlowski Robert E Schulz Jennelyn U Tanchua write on S&P global: "S&P Global Ratings believes that de-globalization could change the way multinational corporations manufacture and distribute goods--not just in the near term but for decades to come." and "To be sure, this wouldn't be the first time companies would need to adjust to such shifting supply-chain dynamics. By the late 19th Century, the sourcing of raw materials and trade in goods had become a global affair. By telegraph, a company in London could order a shipment of goods from Germany, India, or any number of outposts around the world. Unfortunately, this newfound interconnectedness didn't prevent international conflict, and World War I put an end to the benefits that the easier flow of goods conferred."