In an interview conducted on August 12, 2021, moderated by Mark Dallas (Union College), Peter Cleveland (TSMC) and Brittany Masalosalo (3M) discussed global supply chains and how the United States and China can better work with one another and with business practitioners to ensure that markets are adequately secure and open.
In the past, supply chains were primarily understood through a lens of economic efficiency and competitiveness. Today, the conversation has shifted to a prism of various new concepts such as resiliency, decoupling, reshoring, self-reliance, and mostly notably, national security. This shift in perspective is largely a result of the Trump Administration’s growing anxiety about China’s technological prowess combined with the COVID-19 pandemic.
