Rewind: Semiconductor shortage raises myriad trade issues

The semiconductor supply crisis has begun to take on hydra-headed implications in the U.S. trade world, with short-, medium-, and long-range implications: In the short term, there’s the immediate issue of financially debilitating computer-chip shortages, which have intermittently shuttered auto manufacturing and will shutter more , with implications reverberating throughout the automotive supply chain and no immediate end in sight. In the medium term, there’s the question of how to reconfigure supply chains, applying lessons learned from pandemic-related issues that...