The hidden supply chain costs of the AI boom

Nilay Patel talks with Harvard Business School professor and supply-chain economist Willy Shih about the economic realities behind global trade. The conversation covers President Trump’s tariffs, how markets have responded to recent supply-chain shocks, and why China continues to dominate manufacturing despite widespread concerns about geopolitical risk. Shih’s upcoming book, 'Where Does My Stuff Come From?,' argues that politicians and regulators often ignore the powerful underlying economics that shape global supply chains.