Part 4/9:
As sanctions multiply, the historical paradigm of globalization faces increasing scrutiny. The Biden administration’s actions indicate a decisive move toward dual economic frameworks—one for the U.S. and its allies, and another for nations that align with China. The potential decoupling from Chinese industries poses a double-edged sword, as industries within the U.S. may soon find themselves scrambling to meet demand without the ability to source critical materials and components globally.