📊Executive Summary

The article discusses the evolving landscape of global trade, particularly focusing on the tensions between the US, EU, and China, which are reshaping trade rules and impacting supply chains. The US is tightening export controls on semiconductors and chipmaking tools, while China is leveraging its dominance in critical minerals. This geopolitical tension is likely to create supply chain disruptions, especially for countries like India that need to navigate these changes carefully. The article highlights the potential for increased tariffs and regulatory measures that could affect procurement strategies in the electronics sector....