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Home > Industry News > "The Impact of US Trade Practices on the Global Supply Chain"
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The US's trade protectionism first affected the manufacturing industry. Many companies that rely on the global division of labor are facing the risk of supply chain disruptions and a sharp increase in costs.
From raw material supply to product manufacturing and sales, all links have been affected. For example, the supply of some key components has been blocked, resulting in production stagnation and delayed delivery time.
For the logistics industry, this impact cannot be ignored. As an important logistics method, air transport cargo has been particularly affected.
The increased uncertainty in demand has made it difficult for airlines to plan routes and arrange capacity. The once stable cargo orders have become volatile, the full load factor of flights has decreased, and operating costs have increased.
At the same time, trade barriers have prolonged customs clearance time for goods, increased warehousing costs and logistics risks.
In addition, the US trade policy also affects the interests of consumers. The supply of goods decreases, prices rise, and consumers have fewer choices.
Under such circumstances, companies have to look for new markets and supply chain partners to reduce risks. Some companies have begun to turn their attention to other countries and regions, promoting the re-layout of the global supply chain.
In short, the United States' trade protectionism has brought many negative impacts on the global economy, and all countries need to work together to maintain a fair and open trading environment.