FOX BIZ NEWS: Trade plunges as coronavirus exposes pitfalls of cross-border supply chains

Trade plunges as coronavirus exposes pitfalls of cross-border supply chains



Global trade flows tumbled in the first quarter, a preview of what could be the largest contraction in international commerce in decades, as the coronavirus pandemic causes policy makers and multinationals to reconsider globe-spanning supply chains that have become a defining feature of the world economy.