A fight for the control of global supply chains has become the trade conflict between the US and China, as the two countries limit the exchange of critical technologies. This is a new development that could have long -term consequences for dozens of industries. The New York Times writes that last week, the United States suspended some sales to China of accessories and software used in aircraft and semiconductor engines in response to Beijing that recently reduced mineral exports critical to large manufacturing sectors. This “war” of supply chains, which is added to the duties imposed by the two countries on both sides, has caused, according to the Times, great concern to companies that say they cannot manufacture their products without components on both sides. In recent weeks, the air industry has become both a weapon and a victim of this collision. «Jet engine engine technology […]
Source: News Beast
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