In search of trust and security in global trade

Countries will gravitate toward trade relationships with trusted partners and away from countries that elicit discomfort, suspicion, or fear.

Stephen Olsen writes in Hinrich Foundation: ”Trust, the invisible glue that has held the global trade system together for more than seven decades, is in significant decline. In the face of rising geopolitical tensions, predatory trade practices, and supply chain vulnerability, countries are now becoming more proactive in pursuing economic security over efficiency and mutual benefit”.

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