Executive Summary
The era of frictionless globalization is over. In its place, a new trade geometry is emerging organized around political alliance rather than pure economic efficiency.
[1] What is Friend-Shoring?
Friend-shoring refers to the strategic realignment of supply chains to prioritize trade with allied nations over lowest-cost producers.
[2] Digital Implications
- Data sovereignty: Where user data can be stored and processed
- Payment rails: Which financial infrastructure is accessible
- Content moderation: Diverging regulatory frameworks
References
[1] Yellen, J. (2025). "Friend-Shoring: Trade Policy for a Fractured World." Brookings Papers on Economic Activity.