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Fortune
Fortune
Sasha Rogelberg

'The global economy as we know it would come to a sudden halt': Shipping authorities from 18 countries warn of a 'two-tier' system imperiling trade

A dock workers watching a crane hoist up shipping containers. (Credit: Costfoto/NurPhoto—Getty Images)

Earlier this year, fast-food executives began to use the term “two-tier economy” to describe the trend they were seeing of wealthier consumers splurging on burgers and fries while lower-income households pulled back. Last year, Amazon Web Services EMEA Managing Director Tanuja Randery said a bifurcated model was emerging in how startups versus established corporations adopted AI.

Now a new two-tier economy is emerging, and it’s not about the income levels of consumers or the surge of certain technologies, but rather about the integrity of global maritime trade.

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