Budapest
This paper examines the impact of globalization on global supply chains, highlighting the strategic leverage of dominant players like the U.S. and China. It explores how U.S. tariffs on EU goods and China’s control over rare earth minerals can disrupt trade, forcing companies to adjust supply chains and face higher costs. The paper focuses on the challenges posed by interdependencies, regulatory inconsistencies, and geopolitical tensions, particularly in the context of energy reliance and technological access.
