How will the U. S. friend shoring policy influence trade relations

U. S. Speaker of the House Nancy Pelosi has reportedly rescheduled her plan to visit China s Taiwan Province soon, initiating a strong response from the Chinese government. Meanwhile, U. S. Treasury Secretary Janet Yellen in South Korea on Tuesday proposed a policy of friendshoring to stabilize supplies, which means limiting trade to only friendly nations and networks. But what are the deeper implications of this friendshoring policy How will it ultimately hurt trade relations And how can the two countries deescalate the recent rising tensions For more: Subscribe to us on YouTube: Download our APP on Apple Store (iOS): Download our APP on Google Play (Android):