Global Value Chain Trade Reaches Historic Highs, Despite Push for Reshoring By Maximilian Malawista Copyright © 2026 IPS-Inter Press Service. All rights reserved. -

Global Value Chain Trade Reaches Historic Highs, Despite Push for Reshoring By Maximilian Malawista https://www.ipsnews.net/2026/07/global-value-chain-trade-reaches-historic-highs-despite-push-for-reshoring/?utm_source=email_marketing&utm_admin=146128&utm_medium=email&utm_campaign=US_Plans_to_Restrict_Visas_to_Foreign_Journalists_Come_Under_Fire_Global_AI_Governance_Cannot_Wait_A UNITED NATIONS, Jul 21 2026 (IPS) - Despite rising geopolitical tensions, trade restrictions and calls to bring production back to domestic shores, the global economy remains more interconnected than it may appear. Trade through global value chains (GVCs) reached historic levels in 2024, according to a new report from the Organisation for Economic Co-operation and Development (OECD). Copyright © 2026 IPS-Inter Press Service. All rights reserved. -