[TeMPOraL]

China is recovering, but the supply chains are shot. Ocean freight is a mess. Meanwhile, with almost all Europe in lockdown and both the UK and the US about to join them, we have an opposite problem of demand going down, threatening the suppliers. US cutting off the bulk of EU-US cargo transport isn't helping either (passenger planes carried most of the air freight between Europe and North America). It's a mess, and it'll take long time to recover. I expect it will be survivable in terms of basics (food, medicine), but it might be years before trade works as smoothly as it did just few months ago.