Supply Chain Research

President Trump has cancelled a planned summit with Chairman Kim to resolve U.S.-North Korea relations. It seems unlikely to be rescheduled in the near-term. China’s position in mediating discussions, partly through trade policy, has been critical. A reversal of recently improved relations between America and China is possible if Secretary Ross’s visit to China on June 2 is not successful. The implementation of UN sanctions by China against North Korea led total trade dropping 60% on a year earlier in the first quarter, which arguably brought Chairman Kim to the table. A subsequent impro...