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. → […]