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Globalization's Double-Edged Sword
This chapter explores the complex interplay between globalization, free trade, and geopolitical tensions, emphasizing the consequences for the U.S. economy and its supply chains. It discusses the socio-economic ramifications of globalization, including the rise of populism and shifting trade dynamics influenced by new policies and regulations. Additionally, it highlights the contrasting approaches of the U.S. and China in leveraging their economic models and infrastructure capabilities for global competition.