Johnson & Johnson will ship some COVID-19 vaccines ordered by the European Union to the U.S. for the last stage of production, raising concern among some member states that the bloc’s inoculation program could be hampered by further delays.
On top of a faltering vaccine program, which is likely to cost thousands of lives and billions in lost output, the European Commission president and her team have done real damage to the EU and its self-image as a champion of open markets.
Clifford Sosnow, co-chair of the Trade and Investment Group of the Fasken law firm, reviews the pressing international trade issues that will confront President Biden in the early months of his administration.
Years from now when the pandemic’s impact on global business is analyzed, it’s likely that the most lucrative change will be how it pushed — or actually shoved — massive markets into the modern e-commerce era.
Near-sighted planning, supply-chain complexities and a tradition of keeping inventories low caused the semiconductor shortage that is now forcing carmakers to idle production lines and straining their relationship with chip manufacturers.
The latest supply chain news, analysis, trends and best practices for companies operating in Europe. Learn how businesses are optimizing supply chain and logistics performance across Europe’s 50 sovereign states and four dependencies - addressing a range of challenges such as varying regulations, developing customs and tax laws and government controlled exchange rates.
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