Russia’s invasion of Ukraine is adding to the woes of global supply chains. It is affecting industries ranging from semiconductors to cars to food. It almost certainly will accelerate the shift from global to regional sourcing that had already been underway due to the China-U.S. trade war and pandemic- and climate-related events. But given China’s dominance in a lot of sectors, the shift will only happen gradually and will require government assistance. This paper is the result of a collaboration between MIT and Causality Link. Read it here.