Insight
APAC Energy Buzz: How the coronavirus highlights the perils of the US-China trade war
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Report summary
The economic nationalism of ‘America First’ has been a core, and often popular, part of the Trump administration’s agenda from the outset. The undisputed primary target is China, with many seeing the ultimate goal as the economic decoupling of the world’s two largest economies. At the heart of this lie supply chains, with proponents touting decoupling as a means to ensure more parts and components are produced domestically in the US. The outbreak of COVID-19 has re-energised the decoupling lobby, but can the US, or anywhere else, really replace China?
Table of contents
- How the coronavirus highlights the fallacy of economic decoupling
- The case of the humble facemask
Tables and charts
This report includes 2 images and tables including:
- US Imports - ‘Buy American’? Not quite, but buying less from China
- Facemasks - back by popular demand
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