Consumers in the United States and other Western countries face rising prices as a result of Chinese companies being isolated from global supply chains, according to leading experts. The aggressive trade policy being pursued by the US administration, particularly in relation to the technology sector, is likely to backfire, pushing up the price of many goods, especially those in the consumer electronics sector, the experts said. The economist Stephen Roach, senior fellow at Yale University's Jackson Institute for Global Affairs, said US companies are likely to source components from higher-cost producers. "The ... (full story)