Startups are changing international trade in the COVID-19 age

Startups are changing international trade in the COVID-19 age

The worldwide trade crisis is a problem, however also a chance for logistics start-ups to reveal the worth of digital platforms in an analog industry. After two years of risks, tariffs and tweets, there was finally a truce in the trade war between the U.S. and China. The agreement signed by President Trump and Chinese Vice Premier Liu He in the Oval Office didn’t fix all trade tensions and kept many of the $360 billion in tariffs the administration had actually put on Chinese products. And spinning activity back up could be difficult: Even as China starts to get back online, the slowdown there could lower around the world exports by $50 billion this year. “Our supply chains are so tightly-knit and so just-in-time that throw a few wrenches in it like we have actually just done, and it’s going to be actually hard to stand it back up once again. …