Michael Walsh, partner with the law firm of Foley & Lardner LLP, discusses the impact on supply chains to date arising from Russia’s invasion of Ukraine, and what further effects companies might experience in the months to come.
Developers of battery metals projects can win support from the U.S. government as it seeks to counter the dominance of China in clean-technology supply chains.
Much of the conversation around supply chain sustainability today focuses on the localization of sourcing, to cut down on emissions caused by moving product over long distances. But however laudable that goal might be, it’s not so easy to accomplish.
Rattled by the most recent wave of strict Covid lockdowns in China, the long-time manufacturing hub of choice for multinationals, CEOs have been highlighting plans to relocate production.
China’s chip industry is growing faster than anywhere else in the world, after U.S. sanctions on local champions from Huawei Technologies Co. to Hikvision spurred appetite for home-grown components.
As supply chain disruptions wreak havoc on energy and food prices, resulting in scaling price increases that haven’t been seen since 1981, inflation is unlikely to fall to pre-pandemic levels for some time.
Supply constraints, exacerbated by Russia’s war in Ukraine this year, account for about half of the surge in U.S. inflation, with demand currently making up a third of the increase, according to new research from the Federal Reserve Bank of San Francisco.