📊Executive Summary

The article discusses China's strategic leverage over global supply chains, particularly in the semiconductor and lithium-ion battery sectors. It highlights how China has utilized export controls and trade negotiations to maintain dominance in these critical areas, including the recent halt of exports from Nexperia, a semiconductor manufacturer, which affected global automotive production. The implications for U.S. procurement are significant, as reliance on Chinese components poses risks of supply shortages and increased lead times. Companies must navigate these geopolitical tensions and consider diversifying their supply chains to mitigate risks....