Globalization in Turmoil: Tariffs and Trade Dynamics

This chapter explores the complex implications of Trump's tariffs on global trade and the shifting nature of globalization. It highlights the backlash against globalization, tracing the roots of growing public concern leading to events like Brexit and the impact of the 'China shock' on U.S. manufacturing. Additionally, it discusses the challenges Western companies face in restructuring supply chains amidst geopolitical tensions, and the broader consequences for international trade relations.

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