EXIGER MONTHLY SUPPLY CHAIN TRENDS REPORT: MAY 2024
The Headlines Shaping Global Supply Chains
Exiger, a global leader in supply chain risk management software solutions, called on our experts to curate the most important May supply chain headlines--and what they mean for the coming months. Topping the list:
- A flood of cheap Chinese exports, seasonal shipping demand, and the Red Sea crisis drive up shipping rates and port delays, as global trade flashes signs of its pandemic dysfunction.
- Faced with Ukraine’s deteriorating war effort, the U.S. authorizes the use of American weapons to strike inside the borders of Russia – the world’s most heavily nuclear-armed power – pushing the West closer to an escalatory spiral.
- Mainstream reporting explores China’s continuing dominance of the critical mineral industry as well as the unintended consequences of Western overuse of sanctions and export controls.
- New and increased U.S. tariffs on Chinese goods target semiconductors, critical minerals, personal protective equipment, and other sectors.
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