
James A. Dorn
Among the things learned during the COVID-19 pandemic is that our supply chains are on the verge of breaking. National borders that had receded into the background of a globalizing world have been thrust to the fore in the scramble to obtain life-saving Personal Protection Equipment (PPE) for those on the front lines of the battle against the virus. A means of shortening and strengthening those supply chains is critical — and available.
In January, President Joe Biden will inherit a trade policy that has left the U.S. role as a leader of the world trading system in grave doubt. After World War II, the United States helped construct a carefully balanced trading system with modest liberalization and a limited but important role for international agreements and institutions. But Trump and his trade team have undermined this system in the service of an ideology consisting of high tariffs, unilateralism, and hostility towards the rule of law.
President Trump’s trade policy has been defined by protectionism, cronyism, and mean‐spiritedness. President Biden’s will be more polite.On substance, geopolitics and domestic politics are sure to crowd out economic considerations in shaping U.S. trade policy. The best we can hope for is that Biden’s team will be resolute and more competent managing an increasingly adversarial relationship with China—a priority which will shape all major U.S. trade policy decisions for years to come.
The presidential election polls were significantly off in 2020 with President Trump garnering many more votes than pollsters anticipated. Data analyst David Shor argued that the polls were wrong because Democratic voters became more politically engaged than Republicans during the lockdowns and answered more surveys. Rather than a shy Trump supporter phenomenon, there was a loquacious Biden supporter phenomenon. This created a pre‐election blue mirage whereby Democratic support appeared to be much greater than it really was.
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