Global Educational Research Journal

The Impact of Trade Policies on Global Supply Chains

Abstract

This paper investigates the intricate connection between trade policies and global supply chains, with the emphasis on the significance of tariffs and trade agreements in international trade. The analysis discusses in detail the recent trade wars while focusing on US-China trade wars and their implications for technologically advanced fields, agriculture and manufacturing. Moreover, a series of case studies takes place examining how companies have adapted to the changing landscape created by new trade policies, adjusting the structure of their supply chains to minimize risks and take advantage of new opportunities. This particular study opens up the fact that trade policies while having negative effects, like the increase of costs or supply chain blocks, actually promote industries’ development and diversification. All in all, the research explains how these changes not only impact businesses, but also in a broad sense, the way users shop by changing prices, types of available goods, and even the market as a whole.

Keywords:  Impact, Trade Policies, Global Supply Chains