Video Discussion: Winning the Trade Wars–Radical Rerouting (Financial Times)

Discussion questions for FASH455:

#1. Does the growing importance of regional trade blocs represent a shift away from globalization, or a different form of globalization? How might this change affect the global textile and apparel industry?

#2. The video highlights the growing importance of security and resilience in supply chains and global trade. How might an apparel company’s sourcing strategy change if it prioritizes supply-chain resilience rather than conventional factors such as cost, speed to market, and product quality?  Does sourcing diversification, i.e., sourcing from more countries and working with more vendors, necessarily make an apparel company’s supply chain more resilient? Why or why not?

#3. The video suggests that trade between geopolitical rivals may not disappear but instead “detour” through third countries. How could this affect trade in textiles and apparel? Consider issues such as rules of origin, transshipment, tariffs, and customs enforcement.