For thousands of years, civilization has benefited from some form of globalization. Historians may point to the establishment of the Silk Road in the 2nd century B.C.E. as the true initiation of trade from one region of the world to another. But advancements in transportation, freedom of the seas, and global growth have driven demand for more diverse goods, often at considerably lower costs, and geographic diversification from a manufacturing risk-mitigation perspective. It has been a win-win for both consumers and commercial establishments. What could possibly go wrong?
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U.S. Onshoring and the Red Sea Shipping Crisis
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