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Any other business

Are we entering a new era of fractured trade?

27 March 2021

9:00 AM

27 March 2021

9:00 AM

Just as the auto industry embraces the electric future I wrote about last month, it hits a new crisis: a shortage of the microchips that power everything under the bonnet. As a parable of globalisation’s perils, this one has all the ingredients from trade war to fire, drought and Covid pestilence.

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