897K views · 734 reactions | Worldwide Trends on Reels | Facebook

What might happen to global trade patterns when things are in flux? Amid pressure on US–China trade, companies may look to rearrange sourcing to alternative suppliers. If they cannot, companies might instead reduce purchases, replace imported products with something similar, or ramp up domestic production. These alternatives require a combination of sacrifice, resources, know-how, and time. McKinsey Global Institute research quantifies how hard the change might be. Explore more: https://mck.co/3

Global Trade Outlook and Statistics 2023 | World Trade Organization - WTO

Protectionism has led to the current trade war between the U.S. and its various allies, including Canada. But who will win? Watch the full video at https://www.youtube.com/watch?v=P2OhfgeAWb4&feature=youtu.be | Global News