E ISSN: 2583-049X
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International Journal of Advanced Multidisciplinary Research and Studies

Volume 2, Issue 3, 2022

Impacts of the US-China Trade War on the Global Supply Chain



Author(s): Nguyen The Truong, Nguyen Hoang Tien, Luu Quang Trung, Nguyen Sy Tuan Anh, Hoang Van Hung, Pham Bao Duy, Nguyen Hoang Chuong, Nguyen Thi Bich Nguyen, Tran Van Khuong, Lam Thong Nhut, Phan Phuoc Dai, Nguyen Anh Tuan, Vu Thi Phuong Dung, Le Thi Huong Thao, Dinh Thanh Viet, Nguyen Tuan Anh, Le Dinh Hue Anh

Abstract:

A global supply chain can be understood to include all activities involved in the supply, production and distribution of a product or service from the primary supplier to the final consumer in the world global scope. Around March 2018, the trade war between two world powers, the US and China Nations began to take place and soon after had a direct impact on the world economy. This war really affects the world on a global scale. While it can be difficult to predict the exact impact, as the globe continues to grow larger and the importance of technological developments increases, the changes will certainly be felt not only in the US and China, but on a worldwide scale. As we begin to learn more about the exact ramifications of this conflict, manufacturers will be forced to carefully examine their current supply chains. To remain profitable, significant changes need to be made. This paragraph conducted based on the description of the research problem, analyzed information on the actual situation of the global supply chain, thereby providing management implications and proposing some solutions to limit risks for the global supply chain.


Keywords: US-China Trade War, Global Supply Chain, Tariffs

Pages: 346-354

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