#Trump promised #auto industry growth even as all automakers have stated that his #tariffs on #Mexico & #Canada will disrupt their North American #SupplyChains & increase costs for them that they will pass on to #consumers.

"Now as China is forming new global supply chains, it’s building on existing ones established by Japan and South Korea as well as the West. Chinese EV makers can build on Toyota and Nissan’s supply chain in Thailand. Chinese electronics companies can build on Samsung’s manufacturing base in Vietnam.

And, like Japan before it, China is using these economic linkages to support its own national interests while framing them as mutually beneficial partnerships. China is not the only country that loves using the phrase “win-win” when describing international partnerships. Shinzo Abe used it frequently when talking about Japan’s relationship with the US, EU, Russia, Asia, and of course China. For decades, Japan claimed credit for using aid and investment to help its Asian neighbors develop economically while turning the region into Japan’s manufacturing backyard. Throughout this whole process, Japan was careful to maintain control over core technology and prevent technology “leakage” to other countries. Now China is doing many of the same things with a similar framing.

But there is one important difference. China appears willing to leverage its control over technology, machinery, and critical inputs to actively undermine the industrial development of other countries—India being the prime example. In a not-so-ironic twist, China’s approach looks more like that of another great power, namely US efforts to cut out China."

https://www.high-capacity.com/p/china-is-trying-to-reshape-global

#China #PoliticalEconomy #Imperialism #Manufacturing #SupplyChains

Human rights and environmental violations throughout Australian supply chains ?
Creating a mandatory human rights due diligence regime for Australian companies

"We analysed the human rights commitments of 25 of the top companies listed on the Australian Securities Exchange (ASX), including some of our largest banks and mining companies."

"We found Australian companies have a long way to go in “knowing and showing” a commitment to respect human rights, suggesting an urgent need for reform...It is clear from our research that many large Australian companies are not operating in line with international standards."

"One response could be for Australia to follow the European Union’s lead and create a mandatory human rights due diligence regime. Australian companies must take proactive steps to comply with international standards. Our findings suggest the government should enact a stronger and broader mandatory human rights due diligence law covering all human rights. "
>>
https://theconversation.com/some-of-australias-largest-companies-are-failing-to-know-and-show-their-respect-for-human-rights-250055
#HumanRights #ModernSlavery #transparency #DueDilligence #EUDR #SupplyChains #environment #pollution #LoggingImpacts #PayGap #ChildLabour #industry #DoingBusiness #mining #banks #energy #insurance #transportation #telecommunication #media #health #pharmaceuticals #governance

A good review of an interesting book (confession, I receieved a proof to review)

Your Life Is Manufactured: How We Make Things, Why It Matters and How We Can Do It Better

http://archive.today/2025.02.16-004639/https://www.thetimes.com/culture/books/article/your-life-manufactured-how-make-things-why-matters-can-do-better-tim-minshall-review-fl3r62kpt

#Manufacturing #SupplyChains #Review #Bookstadon #TimMinshall

Prime Minister Justin #Trudeau says #Canada will retaliate by placing 25% tariffs on $106B worth of American products.

Trudeau says Canada’s retaliatory #tariffs against the #UnitedStates will start with 25% tariffs on approximately $20B worth of US goods on Tues, with $85B more to follow within 3 weeks, to permit Canadian #SupplyChains to adjust.

#economy #prices #inflation #cost #geopolitics #law #USpol #Trump

#US businesses are stock piling & predicting increases to #consumer #prices in preparation for #Trump’s #tariffs.

Trump’s election is already cascading through global #SupplyChains, where companies are grappling w/his vision for international #trade & huge tariffs on foreign products. Trump has floated a 10-20% #tax on most foreign products, & a 60% #tariff on goods from China—that would raise the surcharge American importers pay to a level not seen in generations.

https://www.nytimes.com/2024/11/08/us/politics/trump-tariffs-china.html?smid=nytcore-ios-share&referringSource=articleShare