Supply Chain Research

Global trade activity fell 1.4% year over year in June according to the CPB World Monitor, driven by a drop in exports from the U.S. and the EU. The situation in July may not have been much better with 11 out of 19 countries that have reported data showing a decline in exports compared to a year earlier. While that’s a lower ratio than in June some of the bright spots – e.g. the growth in exports from Thailand and Switzerland – were down to improved gold prices. Similarly the 3.3% increase in exports from China may well reverse given the latest round of tariff increases between the U.S. ...