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The inefficiencies and choke-points that hobble the global supply chain turn out to be a much bigger factor than government-imposed tariffs in restricting the flow of goods and services across borders. In a world where average tariffs have fallen into single digits, meaningful trade reforms require a wider set of stakeholders, says Gerry Mattios, a principal in Bain's Performance Improvement practice, in this short video.
Read the Bain Brief: Finding the hidden costs in broken supply chains