US insulated from Hormuz shocks: Greer

Washington, March 31 US Trade Representative Jamieson Greer said on Tuesday that the US is largely shielded from supply chain disruptions stemming from tensions in the Strait of Hormuz, but these disruptions are impacting key Asian economies. “Right now, I think the thing to understand is that the United States is generally insulated from a lot of the supply chain effects when it comes to… direct commodities,” Greer told Bloomberg in an interview, noting reliance on “domestic sourcing” and supply from regional partners. However, he flagged broader global consequences, particularly for Asia. “We’re aware that this has an impact in…