Supply Chain Research

The U.S-China trade war is spreading to other geopolitical situations with statements by China’s Ambassador to the UN, Zhang Jun, suggesting its “hard to imagine” that the U.S. can expect cooperation from China in regards to disarming North Korea while also applying additional tariffs on Chinese exports. China remains North Korea’s largest economic counterparty with $2.54 billion of bilateral trade in the 12 months to Jun. 30. So far China has applied sanctions strictly, though that may be changing. Bilateral trade climbed 19.6% year over year in 2Q while exports reached their highest in...