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    Carolina Villegas

    Associate Professor, Department of Economics, Finance and Accounting, Esade Business School

    Associate Professor, Department of Economics, Finance and Accounting, Esade Business School

    brief Macro & fiscal policy
    Reconfiguring Global Value Chains amid New Trade Tensions: Adapting in a Fragmented World
    Carolina Villegas
    1 Aug, 2025

    → Geoeconomic tensions have spurred diversification strategies such as China+1, nearshoring, and friendshoring, reshaping value chains to reduce concentration risks in China. → Although Chinese exports are rerouted through third countries (Mexico, Vietnam), recent U.S. “Liberation Day” tariffs curb these tactics, yet six in ten companies have already altered their logistics routes in 2025. → […]

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