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Geopolitical Shift: 'Friend-Shoring' Impact
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Overview
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Countries are adopting 'friend-shoring' to reduce reliance on China, with Canada and Mexico now top US trading partners. US tariffs on Chinese imports aim to enhance competitiveness, promoting friend-shoring to manage geopolitical risks and lower costs.
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How might the friend-shoring trend impact China's economic influence globally?
In what ways could friend-shoring reshape the future landscape of international trade alliances?
What strategies can other countries adopt to leverage friend-shoring for economic gains?
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