Supply Chain Concerns
The shifting dynamics of supply chains, particularly in the US-China context, are poised to impact the global economy significantly. Critical minerals and pharmaceuticals are highlighted as areas where the US's desire to diversify may clash with economic realities, as 92% of refinement occurs in China. The risk of geopolitical tensions escalating is underscored, emphasizing that every business could feel the effects of these supply chain vulnerabilities, even indirectly.In this clip
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