Words Become Actions - Q2'21 Outlook

Trade policy initiatives kicked off in late 2020 and early 2021 are turning into real government actions. The Biden administration's first 100 days has brought a stimulus package and critical supply chain Executive Order that will have significant ramifications for global trade flows and supply chain operations. The EU is taking a tough line with the U.K., may not get as close to the U.S. as expected and has shown surprisingly protectionist tendencies. Corporate decision makers meanwhile need to decide whether to adapt their operations in the wake of the pandemic or return to business as usual.