Climate risks may create shocks to the trade system by damaging infrastructure and disrupting supply chains in North America . Sea level rise, flooding, permafrost thaw, landslides and increased frequency and magnitude of extreme weather events are projected to impact transportation infrastructure which will pose challenges to the movement of goods, especially in coastal areas . Maritime ports are at the greatest risk from climate hazards , followed by roads, rail and airports . Due to the transnational nature of trade, extreme weather disruptions in one region are likely to lead to cascading effects in other regions  . For example, climate change will have negative impacts for global food and energy trade where reductions in crop production and fish stocks in some regions could cause food and fish price spikes elsewhere .
IPCC
Climate Change 2022: Impacts, Adaptation and Vulnerability
IPCC Report