How Trump's tariff chaos is already changing global trade

This Decoder podcast episode features an interview with Evan Smith, Altana's CEO, discussing the breakdown of globalization and its impact on global supply chains. The conversation explores Smith's prediction (made in 2019) that globalization would fracture, focusing on the role of geopolitics, climate change, and economic instability. Smith details Altana's software, which maps global supply chains, providing real-time insights into risks and vulnerabilities, and how this data reveals the impact of trade policies like Trump's tariffs. A key takeaway is Smith's belief that peace fosters free trade, not the reverse, and that current geopolitical disequilibrium is driving significant supply chain shifts. The interview concludes with a discussion on the feasibility of decoupling the US from China's supply chains and potential future strategies.